Today’s top stories: Online game publisher Game Forge has upped its stake in Frogster Interactive Media to 60 percent; a bi-lingual platform for startups and investors, Inventors Club, goes live; and child-centred shopping portal Shopperella gets good early traction partnering with 40 online shops.
Game Forge prepares for Frogster takeover
Online game developer and publisher Game Forge has taken a majority shareholding in Frogster Interactive Publishing as it positions for a complete takeover. Via its Rubin 66. AG subsidiary, Gameforge increased its overall stake in the publishing company behind hit multiplayer game Runes of Magic from 36.8 percent to 60 percent. Frogster shareholders have been offered 25 euros per share for the remaining stock – 25 percent more than the average market value over the last three months.
Bi-lingual Inventors Club launches
Inventors Club, described as an „internet-based contact and presentation platform designed for tech oriented start-ups“, has just launched with a bi-lingual German/English format to allow homegrown startups to reach out to international investors, and vice versa. Startups looking for investment can put their business in the shop window with the help of flash videos and a short ‚elevator pitch‘. Membership is free before January 1 2011, after which users will pay a €10 monthly subscription.
Shopperella gets good early traction
Shopperella, the new online shopping marketplace for parents, has already partnered with 40 online shops from the family segment to offer a total of over 10,000 products on its portal. The site, which went live in June 2010, lists all manner of child-related goods, from toys to furniture and kids‘ fashion, allowing shoppers to search and sort through dozens of offers from a single platform.