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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek to invest in US games

Posted on 11 November 2010

From Straitstimes.com: Temasek Holdings is making a play for a slice of the booming online gaming business. The sovereign fund is heading a consortium of investors set to pump US$60 million (S$77 million) into United States-based online gaming studio Gazillion Entertainment.
The privately held firm, which last month launched Lego Universe, an online game based on the building block toy, is currently working on a Marvel Entertainment superhero title called Super Hero Squad Online, slated to be released early next year……………………………………….Full Article: Source


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