Infogrames to acquire Shiny
In some fairly large news, Infogrames is to acquire Shiny Entertainment from Interplay, and an exclusive license to games based on the ‘THE MATRIX’ franchise.
Read the complete press releases from Infogrames and Interplay.“Infogrames, Inc. (Nasdaq: IFGM - news), a leading publisher of interactive entertainment software, today announced that it has signed a Purchase Agreement to acquire Shiny Entertainment, Inc. from Interplay Entertainment Corp. (Nasdaq: IPLY - news). Through this acquisition, Infogrames will have exclusive worldwide rights to develop and publish interactive games based on sequels to the highly acclaimed, Academy Award- winning action thriller, ‘THE MATRIX’. The games will be based on the upcoming sequels, ‘THE MATRIX RELOADED’ and ‘THE MATRIX REVOLUTIONS’ from Warner Bros. Pictures. The transaction is expected to close within one week, following satisfaction of various closing conditions, which include the execution of other ancillary agreements with various third parties.”
Shiny Entertainment/Infogrames
posted by booker · at 11:48 pm · filed under News