Deals that shook the industry: 8/10

MCV Staff 25th July 2008 Publishing

The 74 million acquisition of the second biggest specialist retailer in the UK by the biggest was a mighty shock for the entire British industry – not least the MCV team, who had to deal with the breaking news on our magazine’s deadline day.

The total investment included 300,000 set aside for new stores, and an assumed working capital figure of 7.5 million.

The financial statement revealed that Gamestation’s gross assets totalled a whopping 60.9 million.

WHAT HAPPENED NEXT?

The acquisition was investigated by the Office of Fair Trading, but eventually cleared, which heralded a period of boom for GAME – including recent record full-year financial results.

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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.

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