HAMBURG, Germany and LONDON, May 18, 2010 /PRNewswire/ -- Fidelity Growth Partners Europe (FGPE) a pan-European venture and growth equity investor and InnoGames, a leading developer and publisher of free-to-play online games, today announced a strategic partnership. FGPE has taken a minority stake in the company and will provide advice and access to its extensive partnership network to help InnoGames expand globally. InnoGames currently has almost 50 million registered players across the globe playing successful titles such as Tribal Wars, The West, and Grepolis.
"FGPE's investment - both in capital and serving as close consultant and advisor - will enable us to take the company forward at a faster pace", said Hendrik Klindworth, InnoGames, co-founder and Managing Director. "The online gaming See gaming. market is experiencing tremendous growth, and we intend to be one of the dominant players. The combination of our gaming know-how and FGPE's invaluable and wide-ranging experience will get us there."
"InnoGames has every indication of a company that can become a global success," said Davor Hebel, who led the investment for FGPE. "InnoGames has developed and published some of the industry's most popular browser-based online games, quickly building a community of millions of engaged players. Our partnership will enable the team to focus on what it does best, building great games; and allow us to focus on what we do best, providing the advice and hands-on guidance that helps companies transform their markets. Companies such as InnoGames, with the potential and aspiration for greatness, are exactly the type we want to back. This is a fantastic kick-off investment for our new GBP GBP
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