Osborne Clarke has advised the Frankfurt game developer Keen Games. Keen Flare is a joint venture with the German mobile games provider Flaregames to develop quality mobile games for all popular devices, which should be, in principle, free to play (free-to-play). Keen flare developed the Mobile series "Royal Revolt!" and is currently working on the second part.
Under a share-swap Flaregames takes over ownership of the Keen Flare joint venture. In return Keen Games acquired a stake in Flaregames. On the operational side, nothing will change. The business will will be unaffected by the change of ownership and Pete Keen remains as CEO.
Consultant Keen Games GmbH & Co. KG:
Osborne Clarke (Cologne): Konstantin Ewald (IT), Dr. Bjorn Hürten (Corporate), Joachim Breithaupt (Tax)..