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Press Releases

KEMP LITTLE Advises nordic venture partners on its first uk investment

december 2006

Kemp Little LLP partner Lucy Vernall and assistant Julia Tarvin advised Nordic Venture Partners and LongAcre Partners on their recent co-investment, with first round funders Arts Alliance, of £5 million in mobile media company Player X Limited. The transaction completed on 8 December 2006. The investment was Nordic Venture Partners' first investment in the UK.

Player X specialises in games, video and TV. It develops, publishes and distributes mobile entertainment content through global operators, portals and handset manufacturers. In December 2006, Player X successfully launched its mobile TV channel geekTV with UK operator 3 UK and plans to use the investment to accelerate its global content strategy across mobile TV, video and games.

Harrison Clark LL acted for Player X.

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For further information, please contact:

Kemp Little LLP
Lucy Vernall (020) 7710 1602
email: lucy.vernall@kemplittle.com

About Nordic Ventures:

Nordic Venture Partners is a venture capital firm with a portfolio of investments in the information and communications technology sector. It identifies and develops unique young companies, principally in the enterprise software and hardware, communications software and internet applications and infrastructure sectors.

About Kemp Little LLP:

Kemp Little LLP is a leading technology law firm dedicated to working with business and technology clients in the areas of commercial, corporate, employment and regulatory law.

The firm's core attributes are:

innovation in what we do - Kemp Little was listed with "stand-out" ranking in the FT's first "Innovative Lawyers" survey in June 2006;
technical excellence (as demonstrated by numerous awards in the last five years) underpinned by deep industry knowledge.

The firm is located at:
Cheapside House
138 Cheapside
London EC2V 6BJ
Tel: 020 7600 8080
Fax: 020 7600 7878