Industrial

Will it ever be game over for the meteoric rise of the computer
games industry?

Much eye-catching activity in the consumer sector is coming
from Asian markets, both in terms of the level of corporate
venturing investment by native groups and the investment in
high-growth winners in those markets.

Mascarenas, who was at Intel Capital for 15 years, will supervise strategic investments at Toshiba Americas.

MGI Digital Graphic Technology has reached an agreement whereby Konica Minolta will acquire a 10% stake in MGI through a reserved capital increase.

Germany-based company WPX Faserkeramik has raised an undisclosed amount of seed funding from High-Tech Gruenderfonds.

Ruselectronics plans to launch a business incubator as part of a $35m, three-year investment plan.

The Randstad Innovation Fund will target online, mobile, social media and big data, and has already made its first investment.

This is promising for other groups, such as Canada and South Africa-based energy groups Cenovus and Sasol, which have decided against continuing or forming a formal corporate venturing programme, senior executives at both companies said.