Globe7, a wholly owned subsidiary of BSE listed Northgate Technologies has inked a deal with Malaysian media company New Straits Times Press to offer casual games on their Malay-language website for their tabloid Harian Metro. Globe7 will offer around 100 casual games on the site. No other details of the deal have been disclosed.
Globe7 parent Northgate Technologies had reported a net profit of Rs. 22.43 crores for the first quarter of this fiscal. Questions have been asked, about whether an independent director on Northgate’s board has been selling shares consistently.
Games appears to be a recent addition to Globe7s portfolio of products, which consists of VoIP and IPTV related software, with partnerships with Chinese companies Baidu, Alimama and Allyes. It’s rather strange that New Straits Times Press decided to tie-up with Globe7 for just around 100 games; aggregators like In.com (a Web18 property) and ZapakWorld (Reliance ADA Group) are offering games in the thousands; social networking upstart Indyarocks is also aggregating games for FX Labs.