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Electracade

News Corp’s Orbis Buying Gambling Game Developer Electracade

Dec 8, 2008 7:59 AM

Some rare M&A activity as the nights draw in and the recession deepens: Orbis Holdings, a subsidiary of pay TV technology company NDS owned by Rupert Murdoch’s News Corp (NYSE: NWS). has bought online betting developer Electracade for £2.6 million, with more long-term payments due depending on performance. Surrey-based Electracade…

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Posted In: Entertainment, Games, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, News Corp., electracade, orbis holdings

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