Xevin Investments acquires GG

Venture capital fund Xevin Investments has purchased Polish instant messaging client Gadu-Gadu (GG), a press release read. "Within a few months, the investor will present directions of changes and will decide on the further strategy for the client [GG]," the press release read.

Gadu-Gadu was included in South American Nespres group.

Xevin Investments specializes in internet services with a focus on Central and Eastern Europe markets. The investments has, among others, Cuppon, Grono.net and Etin group in its portfolio.