GameFly, Inc. acquired Playcast Media Systems Ltd. from Xenia Venture Capital Ltd, C. Mer Industries Ltd., MK Capital and Jerusalem Venture Partners.
June 02, 2015 at 12:00 am EDT
GameFly, Inc. acquired Playcast Media Systems Ltd. from Xenia Venture Capital Ltd (TASE:XENA), C. Mer Industries Ltd. (TASE:CMER), MK Capital and Jerusalem Venture Partners on June 2, 2015. Pursuant to the transaction, GameFly, Inc. will expand Playcast's R&D center in Caesarea. Gadi Tirosh from Jerusalem Venture Partners and Bret Maxwell from MK Capital will join the GameFly Board of Directors. Daniel Chinn of Tulchinsky Stern Marciano Cohen Levitski & Co. acted as legal advisor for sellers.
GameFly, Inc. completed the acquisition of Playcast Media Systems Ltd. from Xenia Venture Capital Ltd (TASE:XENA), C. Mer Industries Ltd. (TASE:CMER), MK Capital and Jerusalem Venture Partners on June 2, 2015.