Ener1 Group Acquires Nival Interactive

Ener1 Group announced that its affiliate has signed an agreement to acquire Moscow-based Nival Interactive LLC. - the company plans to integrate Nival Interactive’s creative studio of 140 artists, designers and programmers with its US-based video gaming interests to develop next generation console and wireless games. Ener1 Group also announced that Sergey Orlovskiy, Nival Interactive CEO and Founder, has been named President of the new company, called Nival Inc., which will be based in Ft. Lauderdale, Florida. Nival Interactive is currently working on Heroes of Might and Magic V (story).