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CMON pioneered the use of crowdfunding platforms like Kickstarter to generate funding while creating demand for its games. With over US$20 million funded via Kickstarter thus far, CMON is one of the fastest growing companies in the industry.
"CMON's goal is to create great games," says Chern Ann Ng, CEO of CMON. "This capital gives us the ability to expand quickly by bringing in more talent, acquire established titles from other publishers, as well as pursuing licenses that have mass market appeal."
Further financial terms of this deal have not been disclosed.
The press release includes a short profile of Quantum Asset Management, a Singapore-based Registered Fund Management Company that "manages the fund investing in CMON"."CMON's goal is to create great games," says Chern Ann Ng, CEO of CMON. "This capital gives us the ability to expand quickly by bringing in more talent, acquire established titles from other publishers, as well as pursuing licenses that have mass market appeal."
Further financial terms of this deal have not been disclosed.
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• Another end-of-2015 item: Eye-Level Entertainment has closed its doors and is moving its remaining stock at closeout prices. ELE's Mark Anticole notes that by dropping the work involved with running a company, he and his brother Matthew hope to have more time to focus on game designs that they'll try to place with other publishers.
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The strategic acquisition enables Spin Master to expand its award-winning selection of games and licensed products in the Italian market with such well known games as Risiko, Italy's most popular strategic game, and Scarabeo, the leading word game in Italy...
With a rich legacy in the games category, the Editrice Giochi brand compliments Spin Master's recent acquisition of Cardinal Games , a US-based company whose large library of games and puzzles Spin Master has commenced marketing and selling across Europe.
• Jak Hutchcraft at VICE invites everyone to relax since "It's Official, Everyone: Board Games Are Cool Now". Phew! I was starting to get worried that someone would mock me for having fun in a socially unacceptable manner.With a rich legacy in the games category, the Editrice Giochi brand compliments Spin Master's recent acquisition of Cardinal Games , a US-based company whose large library of games and puzzles Spin Master has commenced marketing and selling across Europe.
• As a counterpoint to all the kudos that modern games receive in mainstream publications, such as the item directly above, I present "The Five Board Games You Should Definitely Play as an Adult" from The Daily Utah Chronicle, which seems like a random list of game names pulled out of a hat.
• Can you make a Catan base game from a single 2x4? Yes, you can!
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