Appoint

Codemasters Appoints New Chairman, Gets Investment from Benchmark

Authored by Mark Hefflinger on February 3, 2006 - 6:39am.
London - U.K.-based video game developer Codemasters announced on Friday that Chirs Deering, former chairman and CEO of Sony Computer Entertainment Europe, has joined the company's board as non-executive chairman. Codemasters also announced that venture capital firm Benchmark Capital Europe has increased its investment in the company. Benchmark acquired 40% of the company in April 2005, and has now increased its stake in Codemasters to 70%.