Andrew Rivkin FUN Technologies


Andrew Rivkin FUN Technologies

FUN Technologies was a TSX listed company that provided online games.

Founded in 2001 by Andrew Rivkin & Lorne Abony, a Canadian businessman, FUN grew to become the world’s largest provider of online casual games and fantasy sports, with over 35 million registered customers. FUN was publicly traded with a full listing on the London Stock Exchange and Toronto Stock Exchange. Abony was its Chief Executive Officer while Andrew Rivkin its Chairman when FUN was listed on the TSX making them respectively the youngest CEO & Chairman in the history of the TSX.

FUN was one of the fastest growing companies in the history of the Toronto Stock Exchange.Under the stewardship of Andrew Rivkin & Lorne Abony, In less than three years, the company raised over $160 million in five rounds of equity financings, including its IPO. FUN completed eight strategic acquisitions for a total consideration of $128 million. In March 2006, American media giant Liberty Media acquired FUN in a transaction valuing the company at $484 million.

In September 2006 FUN Technologies held the first WorldWide Web Games, with a $1 million prize. The competition had 71 contestants and featured the casual games Bejeweled 2, Solitaire, and Zuma.

 

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