Online gambling giant 888 acquired the assets of American-Israeli casual game studio Mytopia from Real Dice, Mytopia’s parent company. According to VentureBeat Games, the deal is estimated at $18 million, but could reach up to $48 million if Mytopia’s assets hits certain revenue milestones by 2011.
Israeli companies de-list from London’s AIM in droves
nly 30 Israeli firms remain listed on the exchange today, down from 50 at the peak. The de-listing phenomenon is not limited to Israeli firms, however, with a total of 239 companies being de-listed in so far in 2009.