DSGi earnings fall 78%

DSGi, owner of PC World and Currys, today posted a pre-tax loss of 140.4 million, in what chief executive John Browett described as ‘a year of change.’

While the figures represent a 78 per cent year-on-year drop, they were actually slightly above the firm’s expectations.

The firm blamed Europe’s economic backdrop as the chief cause of the loss, and claimed it didn’t expect to see significant recovery until late 2010.

For more, head on over to PC Retail.

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[Industry news] Trophy Games Makes Its Largest Acquisition Ever – and Upgrades Its Outlook

The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.