Monday, December 20, 2010

bitComposer Online GmbH acquires a majority shareholding in G.Labs

-  A partnership gains a foothold in the "online and browser games" sector  -

Eschborn/Frankfurt, 20. Dezember 2010: bitComposer Online GmbH has now acquired shares from the technology founder, the Saxony Fund ("Fonds Sachsen") in Germany, and has purchased additional stock from existing shareholders to gain the majority shareholding in G.Labs. bitComposer Online GmbH can now exploit this controlling interest to lay firm foundations in the "online and browser games" sector. G.Labs will be headed up by Martin Richter and Wolfgang Duhr.

G.Labs was founded in 2005, but Martin Richter has been active in the online business for many years, which means that G.Labs has built up an extensive network of partners.

"Oil Empire" and "Venetians" enabled G.Labs to establish two browser games, both of which have a large following of players with the potential to attract more.
Through constant upgrades and high-profile marketing, both titles will form the basis of steady and sustainable corporate growth. This will place bitComposer Online GmbH in an ideal position to develop future in-house productions and to buy in other IPs. New attractive "free-to-play products" will also follow the two games that already have a strong presence in the market.
In addition, G.Labs will work on converting third party projects with external commissioners to strengthen the company's second business sector. It is particularly worth mentioning the expertise in PHP+ programming and various research projects in HTML5 that G.Labs can access and develop to build a solid framework in the area of forward-looking technologies.
"We are delighted to have gained bitComposer Online as a strategic partner; this gives us the opportunity to expand our games production with some thrilling IPs. We will exploit our joint skills in the off- and online games sector to the max in a booming online games market", said Martin Richter.

"With G.Labs, bitComposer Online has seized the unique opportunity to create an important partnership with an established and first class browser games studio. Besides the potential of the previously published G.Labs titles and the extensive network of partners, we envisage important synergies in marketing and the conversion of our own and external IPs. With a committed team around the company creator, Martin Richter, together we will combine the know-how of the "old gaming economy" with the "new gaming economy"; which can only be to the advantage of both companies", said Wolfgang Duhr.


12/20/2010 bitComposer Online GmbH acquires a majority shareholding in G.Labs
12/17/2010 Winterly Desktopdecoration
12/08/2010 bitComposer Games GmbH is expanding
12/01/2010 Air Conflicts: Secret Wars on the runway!
11/18/2010 Ion Assault now exclusively from STEAM!
11/11/2010 Ion Assault – The countdown has started
10/28/2010 bitComposer Games takes you on a virtual tour through Wildlife Park 3
10/12/2010 Ion Assault enters PC!
09/30/2010 "Schlag den Raab" Tops Wii Charts!
09/30/2010 bitComposer Games celebrates International Music Day 2010
09/16/2010 bitComposer Games abolishes gravity!
09/14/2010 bitComposer Games expands its Marketing team
09/10/2010 Jekyll & Hyde is now available in stores
09/10/2010 "Schlag den Raab" now available in stores
09/03/2010 "Schlag den Raab" (Beat Your Host) is back
09/02/2010 "Jekyll and Hyde": The famous duo coming soon on PC
08/20/2010 bitComposer Games annouces the remake of Jagged Alliance 2
08/18/2010 Jagged Alliance Online: a classic game returns
08/05/2010 Jekyll & Hyde: bitComposer Games and Namco Bandai Partners announce the German voice actors
07/13/2010 Wildlife Park 3 is expanding on bitComposer Games!
07/01/2010 Namco Bandai Partners and bitComposer Games collaborate on Jekyll & Hyde
06/29/2010 New Head of Development at bitComposer Games
06/23/2010 Your Turn: "Schlag den Raab" Will Hit the Shelves on Nintendo Wii and PC in Autumn 2010
05/12/2010 Alter Ego: German Demo Version Now Available
05/06/2010 Jekyll & Hyde – Teaser Trailer: Previews of the PC Adventure
04/29/2010 FIT FOR FUN – Fitness game for Nintendo Wii and DS provides a perfect bikini figure
03/25/2010 Alter Ego Available in Stores from Tomorrow
03/19/2010 "Wildlife Camp: In the Heart of Africa" hits the shelves
03/16/2010 bitComposer Games Expands its Sales Team
03/09/2010 bitComposer Games Acquires the License for Jagged Alliance
03/05/2010 FIT FOR FUN – A fitness game for Nintendo Wii and DS announced
03/04/2010 Alter Ego: German Hollywood voice actor provides the crime thriller atmosphere
02/23/2010 Ninja Blade now available in stores!
02/16/2010 S.T.A.L.K.E.R.: Call of Pripyat goes on to enjoy a successful global launch
02/05/2010 NINJA BLADE reaches gold status!
01/19/2010 Wildlife Camp

bitComposer@YouTube   bitComposer@facebook