The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

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.

Related Shares

More News
10 Apr 2024 12:00

Mercia Asset Management reports record fund inflows

(Sharecast News) - Mercia Asset Management released its trading summary for the financial year ended 31 March on Wednesday, with organic fund inflows ...

10 Apr 2024 11:20

Mercia Asset Management hails portfolio's annual performance

(Alliance News) - Mercia Asset Management PLC on Wednesday said it had achieved a record level of organic fund inflows in its latest financial year in...

22 Mar 2024 14:07

DIRECTOR DEALINGS: Hollywood Bowl COO Lewis sells 180,000 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately...

21 Mar 2024 19:05

EARNINGS AND TRADING: Getech confident; Aukett Swanke makes buy

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...

21 Mar 2024 13:38

Mercia Asset Management secures two new BBB mandates

(Sharecast News) - Mercia Asset Management announced an expanded role in bolstering regional business growth on Thursday, with the acquisition of two ...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.