Acquisition/Investment

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Wargaming Buys Gas Powered Games
By admin
In Acquisition/Investment, News, PC
Posted February 15, 2013

Wargaming Buys Gas Powered Games

FEB. 15, 2013 • Financially ailing Gas Powered Games, which had pegged its future on its new Wildman action RPG property and a $1 million Kickstarter campaign to fund the project, agreed to be [...]

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Philips Electronics Quits Consumer Electronics Biz
By admin
In Acquisition/Investment, Business Model, News
Posted January 31, 2013

Philips Electronics Quits Consumer Electronics Biz

JAN. 31, 2013 • Once the largest maker of radios in the world during the first half of the 20th Century, and a perennial mainstay within the consumer electronics industry, Philips Electronics has [...]

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Junction Point Studios Closed
By admin
In Acquisition/Investment, Corporate/Management, News
Posted January 29, 2013

Junction Point Studios Closed

JAN. 29, 2013 • Despite the recent corporate acquisition of LucasFilm and LucasArts by the Walt Disney Co., Disney Interactive is still paring down its development assets with the shuttering of [...]

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THQ Broken Up Post Bankruptcy
By admin
In Acquisition/Investment, Corporate/Management, News
Posted January 23, 2013

THQ Broken Up Post Bankruptcy

JAN. 23, 2013 • A month after THQ entered Chapter 11 bankruptcy and restructuring, an asset auction was held and no potential buyer came forward with a bid higher than the sum of individual bids [...]

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THQ Enters Chapter 11
By admin
In Acquisition/Investment, Corporate/Management, News
Posted December 19, 2012

THQ Enters Chapter 11

DEC. 19, 2012 • With $248.1 million in debt and $204.8 million in assets, THQ Inc. filed for Chapter 11 protection with the U.S. Bankruptcy Court in the district of Wilmington, Del.  Only [...]

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