MGI to acquire award-winning US game developer KingsIsle for upto $210 million

STOCKHOLM: Media and Games Invest (MGI) entered into an agreement with the shareholders of KingsIsle Entertainment Inc. to acquire 100 percent of the shares of KingsIsle, a news release said. KingsIsle, based in Austin, Texas, is a leading game developer and publisher. The fully owned Massive-Multiplayer-Games Wizard101 and Pirate101 are having very loyal communities and…