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Newfoundland investing in video-game company

September 9, 2008 at 10:53 AM EDT

ST. JOHN'S ? The Newfoundland government will spend up to $2.4-million to help a video-game developer set up shop in the province.

Other Ocean Group, based in California, plans to create about 60 jobs over a five-year period for video-game artists, designers, producers, programmers and management.

The company will open the St. John's studio this year.

The studio will specialize in the hand-held, downloadable and small-scale console segments of the video-game industry.

The St. John's operation will produce titles for many platforms such as the Apple iPhone, Nintendo DS and Wii, as well as the Microsoft Xbox 360.

The government funding will help to offset initial startup and operating costs, including wages, relocation, recruitment, training and office space.

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