A consortium of investors completed the acquisition of Ludia from Jam City.

A consortium of investors completed the acquisition of Ludia, a mobile gaming company, from Jam City, an American video game developer and publisher. Financial terms were not disclosed. “Investissement Québec is proud to help bring Ludia’s ownership back to Québec. As a key player in the video game industry, Ludia now has the flexibility to grow and expand internationally while remaining firmly rooted locally. By investing $18,2 million in the company, Investissement Québec is fulfilling its mission to support Québec excellence in key sectors of our economy and foster the creation of world-class champions right here at home,” Claude Farrier, Investissement Québec Executive Vice President, Private Equity.