LemonQuest acquires the Chinese company i4Game
Madrid, Spain, February 20th, 2007. LemonQuest, a leading global publisher of mobile games, today announced at the 3 GSM conference the acquisition of the Chinese company i4Game, an innovative developer of high-quality mobile games throughout Asia (China, Korea and Japan), specialised mainly into the production of 2 D and 3 D mobile games.
The acquisition gives LemonQuest new territories of operations and a true 3D games portfolio ready to be sold to their mobile carrier customers.
"We welcome i4Game into the LemonQuest group, this acquisition will give us a 3D capacity to develop the next generation of mobile games and access to a 300 M user's market in a growing area of the world" said Ignacio Cavero, CEO of LemonQuest.
I4Game will operate as a wholly-owned subsidiary of LemonQuest. All of i4Game's employees will continue with LemonQuest and remain in their Beijing location.
Mr. Cavero, CEO of LemonQuest and Mr. Raibaut, Debaeque's partner will join the board of the new acquisition.
About LemonQuest
LemonQuest develops and publishes some of the world most innovative and exciting mobile games and entertainment applications and gives leading mobile operators everything they need - premium and niche brands, a comprehensive catalogue of content, and delivery technology to successfully provide these products to their subscribers. LemonQuest is a Spanish corporation with headquarters in Madrid. LemonQuest is a portfolio company of the venture capital firm DEBAEQUE.
For more information, please visit: www.lemonquest.com
About i4Game
I4Game is a Chinese company, developing high-quality mobile games, specifically in the 2 D and 3 D fields. The company is based in Beijing China.
For more information, please visit: www.i4game.com
About Debaeque
Debaeque is an independent venture capital firm, based since 2001 in Barcelona, dedicated to investments in Telecommunications and Life Sciences.
For additional information about DEBAEQUE, see: www.debaeque.com
Roberto Martín Díez
PR Contact LemonQuest
rmartin@lemonquest.com
Mobile: (+34) 649.649.192
Phone: (+34) 913.896.072