Media and Games Invest completed the acquisition of a remaining stake in Gamigo for $41m.

Media and Games Invest, an investor in gaming industry, completed the acquisition of a remaining stake in Gamigo, an online games provider, for $41m. “With the complete acquisition of gamigo, MGI’s participation in gamigo’s rapidly growing profitability will almost double. The very advantageous conditions create additional value for each MGI share from day one. And last but not least, the integration will enable us to fully leverage the synergies between the companies in our group. We will simplify our structure and be able to operate even more efficiently," Remco Westermann, MGI CEO.