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Pin to quick picksMercia Asset Share News (MERC)

Share Price Information for Mercia Asset (MERC)

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Share Price: 32.70
Bid: 32.00
Ask: 33.40
Change: 0.00 (0.00%)
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Mercia Technologies Teams With China's Seasun On Edge Case Investment

Thu, 05th Nov 2015 09:46

LONDON (Alliance News) - Mercia Technologies PLC on Thursday revealed that it has invested GBP1.5 million into Edge Case Games alongside a GBP1.0 million investment by Chinese software publishing house Seasun Games Corp Ltd.

Edge Case Games is the developer and publisher of the PC-based tactical space combat game, Fractured Space.

In addition, Mercia, a Midlands-based investment group, said that Edge Case has agreed a strategic partnership with Seasun Games.

"With a key strategic partnership now in place with Seasun Games, we are confident that Edge Case Games will gain a strong foothold in the emerging and expanding markets of Asia," Mercia Chief Executive Mark Payton said in a statement.

Seasun Games' parent company is Hong Kong-listed Kingsoft Corp Ltd.

Shares in Mercia were up 0.9% at 56.00 pence on Thursday morning.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

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