Aeria Games to Expand in Germany



    BERLIN, Aug. 26 /CNW/ - One of the most successful "free 2 play" online
games publishers in the United States, Aeria Games, has officially announced
that it is opening its European headquarters in Germany. Its European
subsidiary, Aeria Games GmbH, will be located in Berlin, the German capital.
Since the company's founding in Silicon Valley in 2006, it already has gained
over three million players.
    Aeria Games chose Berlin for a number of reasons. A key factor in the
investment decision was not only the city's stellar telecommunications
infrastructure, but also the importance of Germany for the company's business
expansion plans. Germany has a strong gaming industry, and Berlin, with its
high quality of life, is an attractive city for European or international
employees. Currently Aeria Games Europe GmbH has created six jobs. The company
however expects that in the next two years, the workforce will expand to
between 20 and 50 in Berlin.
    The company announced in its official press release that it will be
releasing a new game, Shaiya, onto the German and French markets in either
late 2008 or early 2009. One of the major tasks of the new European subsidiary
is to support the company's expansion into new markets such as Spain and
Italy. This will involve investing in the licensing, publishing, and
developing of intellectual property.
    Online gaming is a growing industry in Germany, with expected annual
growth of over 16% until 2010. Its total revenue hit 390 million EUR in 2007
and is expected to exceed 670 million EUR by 2010. Investors can also use
Germany as an entry point to the European online gaming market, one that saw
total revenue of 1.1 billion EUR in 2007 and has an average annual growth rate
of over 30%.
    Both Invest in Germany and Berlin Partner supported Aeria Games in its
decision to invest in Germany. "The Aeria Games investment is an example of
the strength that Germany has to offer investors in this rapidly growing
industry," notes Dr. Robert Hermann, director of the team Information and
Communications Technologies at Invest in Germany.
    Furthermore, Berlin is the home of many leading companies in gaming and
other IT-related industries. "With its affordable prices and international
population, Berlin has attracted numerous IT companies in recent years.
Without question it is becoming a pillar of the German capital's economy,"
adds Renz Gurka, Managing Director of Berlin's Economic Development
Corporation, Berlin Partner.

    Invest in Germany is the inward investment promotion agency of the
Federal Republic of Germany. It provides investors with comprehensive support
from site selection to the implementation of investment decisions.

    
    Contact:

    Invest in Germany GmbH
    Headquarters
    T: +49-30-200-099-0,
    F: +49-30-200-099-111,
    office@invest-in-germany.com,
    http://www.invest-in-germany.com

    Media Contact:
    Eva Henkel,
    T:+49-30-200-099-173,
    F:+49-30-200-099-111,
    henkel@invest-in-germany.com
    




For further information:

For further information: Invest in Germany GmbH, Headquarters, T:
+49-30-200-099-0, F: +49-30-200-099-111, office@invest-in-germany.com; Media
Contact: Eva Henkel, T:+49-30-200-099-173, F:+49-30-200-099-111,
henkel@invest-in-germany.com

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