
“Huuuge” news for the Polish gaming industry after Huuuge Inc. announced it will raise up to $150m from an upcoming share issue as part of its IPO in the Central European nation. The US-registered firm, which first submitted the IPO prospectus in Warsaw last August, plans on using the IPO cash for potential investments and acquisitions.
Poland’s low labor costs and increasingly younger workforce make Poland attractive to lots of companies in the tech sector, including video game developers and exporters.