Mar 05 2009
FremantleMedia, one of the largest creators and producers of global entertainment brands, today announces a strategic minority equity investment in Ludia, a leading developer and publisher of interactive casual games based in Montreal, Canada. The deal is part of FremantleMedia’s ongoing expansion into the high-growth video games market. It also follows a range of new growth initiatives by the company’s new business unit, FremantleMedia Ventures, and represents the division’s first equity investment.
“Ludia has rapidly carved out a unique position in the competitive video games market by combining a strong focus on quality, exceptional technology and a multiplatform strategy. The company’s leadership team is outstanding and has a strong track record in the industry,” said Christian Schneider-Sickert, FremantleMedia’s Director of Operations and Strategy, who will be joining Ludia’s board.
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