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Infinity's I-China Fund Invests $20 Million in Oberon 

Oct. 6, 2008  |  Bloomberg
By: Susan Lerner

Oct. 6 (Bloomberg) -- Infinity I-China Fund, part of the

The investment is part of a larger global strategy for

Oberon Media and Infinity, which includes expanding the casual

game publishing and distribution business and establishing new

partnerships in China, Infinity said today in an e-mailed

statement.

``We are in dialogue with several potential portfolio

companies where an investment may be synergistic with our gaming

cluster strategy,'' Mark Chess, a senior director of Infinity,

said in the statement.

Infinity Equity, which was founded by Clal Industries and

Investments Ltd. of the IDB Group, manages two Israeli-Chinese

funds that invest in Chinese businesses that can help Israeli

and foreign companies penetrate the Chinese market. New York-

based Oberon develops gaming platforms and casual games used by

companies including Microsoft Corp., Comcast Corp., Verizon

Communications Inc. and France Telecom SA.

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