IMAC to invest $15 million in In2Games

Ingenious Media Active Capital has announced that it has invested USD 15 million (EUR 11 million, GBP 7.76 million) in In2Games Limited.

In2Games is best known for producing the Gametrak controller, which players operate by wearing special gloves, and associated title Real World Golf. The company has also developed a wireless motion controller for the PlayStation 3, Xbox 360, and PC. Named Gametrak Fusion, in can track the position and movement of up to four players at a time.

The IMAC investment will be used to launch and support Gametrak Fusion, as well as helping In2Games to broaden its product offerings.

"We believe there is a really exciting opportunity ahead for In2Games to capitalise on key drivers of change in the videogames market as they continue to roll out innovative hardware combined with great software," said IMAC director Patrick McKenna.

"In Gametrak Fusion, In2Games has created the definitive motion gaming platform for the next generation of games consoles and I look forward to this product driving the company into a period of rapid growth."