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DBS, Temasek to launch $500 mn debt financing platform Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia. DBS and Temasek today announced that they have entered into an agreement to jointly launch a $500 million growth stage debt financing platform, called EvolutionX Debt Capital. Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia. Th...

Portsmouth-based Climax Studios, one of the UK’s longest-running game development studios, has been acquired by Keyword Studios, one of the industry’s key service providers. Keywords acquisitions have become a regular feature of our news coverage for many year, initially the company centred on acquiring service provider such art houses, QA, audio and even PR firms. However, it has also now taken on a significant number of end-to-end game development providers, with Climax Studios joining the likes of d3t, Studio Gobo, Electric Square and Wizcorp, among others. Even then Climax Studios, wh...