1/22/2010

Venture firms in search for Turkish companies to acquire

 

Hurriyet - Controlling investment funds of over USD 30 billion, 14 of the world’s leading venture and equity capital firms have concentrated on Turkey for company acquisitions. Investors specializing in high-tech and internet services attended the NuBridge Venture Summit in Istanbul held by Dogan Online, Sardis and Mynet. Turkey’s booming ICT sector is attracting attention and venture capital firms attending the summit include investors of Facebook, Skype, Macromedia, Gameforge and Lenovo.

 

Accel Partners, a well-known name in its field, having invested in popular web services such as Facebook and Skype, has expressed interest in acquiring a Turkish company specializing in online gaming.

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