Brief: Starbreeze and Smilegate in long term strategic partnership
21/01/2016 07:11
Jan 21 (Reuters) - Starbreeze AB STZEb.ST :
* Korean game company Smilegate has undertaken to invest a
total of $40 million in Starbreeze, $15 million in equity,
combined with $25 million in a convertible bond
* Sstarbreeze, 505 games and Skybound have decided to
release game in all markets during second half of 2017
* Starbreeze receives a 10 year right to develop, publish
and distribute an all-new first person co-op game on Smilegate's
crossfire franchise for western markets
Source text for Eikon: ID:nHUG4Qf1DH
Further company coverage: STZEb.ST
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48586983920;))