U.K. Game Developer Digital Jesters in $5 Million Investment, Merger Deal

Authored by Mark Hefflinger on November 28, 2005 - 10:29am.

London - British video game publisher Digital Jesters announced that it has received a $5 million investment from U.S.-based Myriad Interactive, and will merge with Myriad to form a new company, the DJ Group. "We've big plans for the DJ group," Myriad head Marco Landi, former president and COO of Apple, told GamesIndustry.biz. "We've already set up our infrastructure, and it's our intention that this new group will quickly grow through expansion and acquisition into a real major player." DJ Group labels will include Digital Jesters, DJ Interactive, Turtle Games and Monte Cristo. The company's first title will be "Crazy Frog Racer," based on the animated ringtone character that first became popular in the U.K.; the game is set for release for the PC and PlayStation 2 on Dec. 9. Digital Jesters said that several claims of non-payment of contracts by developers are still outstanding, and will still be taken up in court solely by Digital Jesters.
http://www.gamesindustry.biz/content_page.php?aid=13234
http://www.digitaljesters.com

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Comments

Did this ever really happen - probably NOT

Submitted by anonymous (not verified) on February 25, 2007 - 4:11am.

This investment probably never happened. Landi denies all involvement if asked. No money ever seen by creditors. You have to treat this with immense suspicion unless there is hard 3rd party evidence. Company has lost senior staff and is in many disputes. Man behind this - RAKESH GANDHI - is well known in the trade and internationally for involvement in collapsed companies: itag, vanguard, defcom, ODIN, e-exchange, digital jesters and more.

"Man behind this - RAKESH

Submitted by anonymous (not verified) on March 26, 2007 - 8:21am.

"Man behind this - RAKESH GANDHI - is well known in the trade and internationally for involvement in collapsed companies: itag, vanguard, defcom, ODIN, e-exchange, digital jesters and more." Am interested in finding out more, beyond Digital Jesters. Could you back this up, please?