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Founder Buys Back Nival Interactive

by Rainier on Dec. 13, 2007 @ 5:32 p.m. PST

Nival Interactive announces the signing of an agreement between the technology holding company Ener1 Group, which had bought Nival in 2005, and the founder of Nival Interactive, Sergey Orlovskiy, that returns full control of Nival Interactive to Orlovskiy. As a result, the U.S. office in Los Angeles, which was opened in 2006, will be closed, and the company's headquarters will return to Moscow.
Nival Interactive announces the signing of an agreement between the technology holding company Ener1 Group, which had bought Nival in 2005, and the founder of Nival Interactive, Sergey Orlovskiy, that returns full control of Nival Interactive to Orlovskiy. As a result, the U.S. office in Los Angeles, which was opened in 2006, will be closed, and the company's headquarters will return to Moscow.