Bigpoint, the portal behind games like Battlestar Galactica Online, Drakensang Online and the upcoming The Mummy Online, announced today that Summit Partners and TA Associates have agreed to invest $350 million in the company. This deal will give Summit Partners and TA Associates a controlling share of Bigpoint.

Previous shareholder Comcast Interactive Capital’s Peacock Equity Fund will sell their holdings in this transaction. GMT Communications Partners and GE will sell a majority of their stakes. Heiko Hubertz, CEO and founder of Bigpoint, will retain his existing ownership stake. Here are his comments regarding this investment:

“Regarding myself, I kept my share. I see the potential in Bigpoint to exceed a value of one billion dollars and become the top online gaming company in the world. Our thanks go to GMT Communications Partners and Peacock Equity Fund for three very exciting years. Their support has seen the company rapidly grow during this period.”