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DeNA Co Ltd Forms Business and Capital Alliance with Cygames, Inc.


Wednesday, 7 Nov 2012 01:00am EST 

DeNA Co Ltd announced that it has formed a business and capital alliance with Cygames, Inc., which is engaged in the development of game application businesses in Tokyo, Japan, on November 7, 2012. Through the business alliance, the two companies will work together on the development and provision of game businesses. Through the capital alliance, the Company will purchase 500 shares of Cygames, Inc., for approximately JPY 7.4 billion in total, effective December 28, 2012. As a result, the Company will hold a 24.03% stake (500 shares) in Cygames, up from 0%. 

Company Quote

1328.0
-67.0 -4.80%
1 Oct 2014