Gameplay sells subsidiary for $1
PrintA new record
Posted in Games Industry, 3rd July 2001 16:35 GMT
Free whitepaper – PowerEdge energy Smart brochure
Gameplay has sold off its subsidiary, which developed multi-player/multi-platform technology, for $1.
This represents a new record for Gameplay. It managed to sell its UK-based boxed games business for £1 in May.
An Israeli investor group is buying the Toga Holdings unit, which contains the gaming technology developer Gameplay Technologies. The investor group includes members of Toga's management.
Gameplay will own an initial 10 per cent of the reconstructed business and the investor group will assume the company's liabilities. ®
Related Stories
Gameplay non-exec directors 'resign'
Gameplay knocks itself off Net
Electronics Boutique gobbles up Gameplay
Gameplay puts the For Sale sign out again as losses soar
Gameplay: What they got for their £1
Gamplay division sold for £1
44 Gameplay staff face the axe
Gameplay up for sale
Automating the Acquisition Process with Enterprise Level CRM
Enabling the Agile Data Center
10 Strategies for Choosing a Midmarket ERP Solution
Hosted CRM Can Be Your Secret Weapon to Success!
Checklist: Midmarket ERP Solutions
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter