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Gamevil makes its first Companion investment into Korean start-up Relax Games

Splashing the cash

Gamevil makes its first Companion investment into Korean start-up Relax Games
By Jon Jordan
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Having announced an aggressive expansion plan, Gamevil (KOSDAQ 063080) has made its first developer investment.

It hasn't given hard figures but it has made 'an equity investment' into Korean start-up Relax Games.

Set up by the team behind PC MMOG Rohan and Lineage II, Relax is the first participant in Gamevil's Companion program.

Priming the wick

Relex's first project is an untitled social-network game that will utilise Gamevil's Circle social network

"Participating in Gamevil's start-up support program has instilled confidence through its strong development and publishing know-how," said Relax's CEO Il Seung Lee.

"The investment will not only strengthen the quality of our games, but provide a good measure on how developers and publishers can collaborate together."

Jon Jordan
Jon Jordan
A Pocket Gamer co-founder, Jon can turn his hand to anything except hand turning. He is editor-at-large at PG.biz which means he can arrive anywhere in the world, acting like a slightly confused uncle looking for the way out. He likes letters, cameras, imaginary numbers and legumes.