Production I.G
The announcement of the merger between Production I.G and Mag Garden was on July 4, 2007. Specifically, the original company, Production I.G, was transformed into a holding company a month before the merger. Along with a name change, it transferred most of its former duties and management to a new developed subsidiary called Production I.G. After the merger with Mag Garden by stock exchange a month later, IG Port (the "old" I.G and Mag holding companies) now fully owns the "new" Production I.G, Xebec, and Mag Garden as its subsidiaries.