Wednesday, September 8, 2004

JAMDAT Adds eBay CFO, Estimates IPO Pricing

Los Angeles-based JAMDAT Mobile announced that Rajiv Dutta, eBay's CFO, has agreed to join the company's board of directors once the company completes it IPO. Dutta currently oversees all of eBay's financial operations. JAMDAT also filed an amended S-1 with the SEC, and estimated that its IPO pricing would be between $13.00 to $15.00 per share. The company is looking to raise up to $91M in its initial public offering. JAMDAT develops games for cell phones and other mobile devices.

---