Matt Martin
10:48 (BST)
02/07/2008
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Babel prepares for "very aggressive" expansion
Babel Media has told GamesIndustry.biz that it has plans for "very, very aggressive" expansion through acquisitions and internal growth.
The renewed confidence comes following Babel being snapped up by Quatrro for around USD 30 million.
"Essentially, it's business as usual for the company other than the fact that we now have funds for some very, very aggressive expansion - both organically and by acquisition," stated Algy Williams co-founder of Babel.
"We've already won a very large contract based on our client relationships, but most importantly, based upon the fact that this transaction has just taken place. Because now we're able to take on a contract of real scale, whereas before we just simply didn't have a strong enough balance sheet in order to do that," he detailed.
The company specialises in a range of post-production and development services, including QA and localisation, and counts EA, Microsoft, Activision and Sony amongst its clients.
"Put all of that together with our client list and our reputation and our expertise, and you've got a company that will be able to address this huge market. We're one of the leaders at the moment - we intend to carve out a position as the world's largest and leading games outsourcing company," said Williams.
The full interview with co-founder Algy Williams and CEO Richard Leinfeller can be read here.
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