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Fireswirl Technologies acquires interest in Beijing Tysen Xieli Technology.

Europe Intelligence Wire

| December 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecom World Wire)

Fireswirl Technologies Inc (TSX VENTURE:FSW), a developer of gaming and entertainment software, has announced its wholly owned subsidiary Fireswirl Technologies (Shenzhen) Co Ltd (FTSCL) has acquired 21% of Beijing Tysen Xieli Technology Co Ltd (Tysen), an integrator of push e-mail and mobile messaging software.

According to the company, FTSCL total investment in Tysen is CNY3.5m (approximately CAD625,000) consisting of CNY1.4m (approximately CAD250,000) paid to the existing shareholders, subject to ...

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