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Saturday, October 08, 2011

Walt Disney to acquire Indiagames for US$80-100mn


The Walt Disney Company has acquired all the equity in UTV’s Indiagames for an estimated $80-100 mn (Rs 3.90-4.90bn), according to a report. The report stated that Indiagames is a leading developer and publisher of mobile and online games. Earlier this year, Walt Disney had announced the acquisition of UTV Software Communications for Rs. 20bn.