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Hi2 Ltd is a privately owned company registered in England and Wales. Hi2's shares are primarily held by the founding management and venture capital investors.
Durlacher Corporation PLC
Durlacher, the Internet specialist London based investment bank is a major investor in Hi2. With their specialist research expertise in the internet and games sectors Durlacher recognized the opportunities presented by the internet online games market.
Nick Gibson, Senior Analyst, Durlacher says, "In five years of analyzing next generation games and Internet companies, I have genuinely seen few companies that have the vision and business foresight of Hi2."
Granville Private Equity
The London based Anglo-American Private banking group, which specialises in hi-tech investments was an early investor in Hi2.
Future Investors
Although securely funded to exploit its core market of PC/internet gaming, it is possible that Hi2 will seek further funding to accelerate its activities in the wireless, digital TV and console markets.
Financial Stability
As at 25 June 2001, Hi2 had cash reserves in excess of £1 million. On the basis of trading forecasts this will fund the company to reach break even in its core business, that of selling online games software and services to corporate customers.
Strategy and Value
The immediate priority for Hi2 is to generate increasing revenues and profits from the web based online games platform which has been developed.
The enterprise value of Hi2 is based upon:
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The established revenues of the business and its strategic position and significant market share in the PC/internet online games market
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Increasingly, a strong cross platform proposition with intellectual property assets and audience exposure in the wireless, digital TV and console markets
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