NetPlay TV Acquires Mobile Gaming Businesses

2 January 2009

NetPlay TV announced on Friday the acquisition of Venturygames.co.uk, and Toucanwin.com, the mobile gambling and skill gaming businesses of Info-download Ltd., a subsidiary of Zed Worldwide S.A.

The interactive gaming company said it has signed an exclusive two-year sales agreement with Zed to sell the NetPlay TV range of interactive gaming solutions to its worldwide mobile network client base. As part of these transactions, NetPlay TV said it will also acquire the United Kingdom mobile quiz business, “Grab a Grand,” from Info-download.

According to NetPlay TV, the businesses acquired as part of this transaction currently generate monthly gross revenues of circa £500,000.

“As we move forward, we will offer all of these services via multiple access points from mobile to Internet to TV,” said Martin Higginson, executive chairman and chief executive, in a prepared statement. “The signing of this deal will also allow us access the millions of Zed users as well as their network of Mobile Network Operator relationships.”