[December 20, 2009] BRIEF: Online gaming co Oberon cuts 100: "Business Insider": The COO left to start his own company in New York. Tweet Dec 20, 2009 (Globes - McClatchy-Tribune Information Services via COMTEX) -- "Business Insider" reports that multi-platform casual game developer Oberon Media Inc. has fired 100 employees in the past few days, and that COO Don Ryan has left the company. Ryan confirmed the report, saying that he left Oberon to start his own company in New York. He declined to say what the company would do, saying that it was too early to discuss any details. In October of 2008, in the midst of the global financial crisis, Infinity I-China Fund invested $20 million in Oberon. Oberon's investors include Goldman Sachs, Morgan Stanley, Oak Investment Partners, and Lehman Brothers Venture Capital. To see more of the Globes or to subscribe to the newspaper, go to http://www.globes-online.com. Copyright (c) 2009, Globes, Tel Aviv, Israel Distributed by McClatchy-Tribune Information Services. For reprints, email [email protected], call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA. [ Back To TMCnet.com's Homepage ]