Gaming Realms has announced a strategic partnership with the Ayima digital marketing agency whereby it is injecting its QuickThink Media (QTM) assets in return for a 10% stake valued at £540k. The rationale for the deal is to allow Gaming Realms’ management to further focus on its core strength, being the development and publishing of mobile optimised social and real money games, while also strengthening QTM’s outlook by placing it within a growing complementary business.
....07 Jun 2016
Strategic partnership to maximise agency value
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Strategic partnership to maximise agency value
Gaming Realms PLC (GMR:LON) | 31.4 -0.1 (-0.6%) | Mkt Cap: 92.7m
- Published:
07 Jun 2016 -
Author:
Eric Opara -
Pages:
5
Gaming Realms has announced a strategic partnership with the Ayima digital marketing agency whereby it is injecting its QuickThink Media (QTM) assets in return for a 10% stake valued at £540k. The rationale for the deal is to allow Gaming Realms’ management to further focus on its core strength, being the development and publishing of mobile optimised social and real money games, while also strengthening QTM’s outlook by placing it within a growing complementary business.
....