Date:18/12/2007 URL: http://www.thehindu.com/2007/12/18/stories/2007121855841500.htm

Business - Briefly

FX Labs acquires U.S. gaming portal

HYDERABAD: FX Labs Studios, a video-game development company, has acquired a U.S.-based knibble.com, an online casual gaming portal for $3 million. Addressing a press conference here on Monday, founder chairman of FX Labs, Sashi Reddy, said the acquisition meant expanding the capability of the company from being a game developer to a deliverer of world-class gaming to consumers across the globe. — Special Correspondent