   50% of Codemasters bought by Reliance
  As you can read here, Reliance has just bought 50% percent of Codemasters. A little background on Reliance, they're pretty much one of the largest (maybe even the largest) companies in India,that have products ranging from phone service and media to infrastructure. They're huge, and they got lots of money. Question is now, what's the future of Codemasters? From what they are writing here, it looks to be expansion, and more funding, and the only difference will be that Reliance will own the publisher.   
  Not much, I suppose.Some companies realize that the best way to make a profit is to buy a profitable company and let it stay that way.But talking about buying a company, I always remember what Jim Thacker (spelling?) of 3D World talk about the investment company that bought the company that develop Maya (I forgot the name, oh, the times). In just one year they sold it to Autodesk for 100 million plus of profit. I guess some people do deserve their awesome salary.Locally, the investment bank UOB-OSK manage to make 103% something profit (forgot the exact figure, but more than 100%) in just a year over the investment. So if you invest in it you basically double your money in just one year.But of course, the problem with investment (and stock) is that it always the should-have could-have after you know of the profit, but unwilling to invest the first time around.   ;  Supposedly, Reliance wants Codemasters so that they can churn out some cricket games for the Indian gaming market (which is crazy about cricket). I do wonder if Indian game developers will benefit from such a purchase....   ;  Well, they win on:a) branding. the indiean counterpart can develop a lot of games (for much lower the cost) and have it published under the banner 'Codemaster'.b) knowledge. they can share knowledge and expertise with experienced codemaster developers.c) outsourcing. Codemaster can take up job in the US, and have some of it developed in India.maybe some other thing.There was a stroy about a prime minister ( a long long time ago) that create a country owned company that invest in a car manufacturer under the condition that they will create a factory in their home country. people was like, "hey, cheap labour!"what they didn't know that the moment the factory is there, people start to learn a lot about car manufacturing. much much later, they start their own national car.So in a sense the prime minister is a far sighted person, while those that critic was like "we invest in them and supply cheap labour just to create jobs?"so yeah, they gain a lot.