The Twistbox Acquisition of InfoSpace Games U.S. Financial Details

February 23rd, 2007 by Arjan Olsder Posted in Companies & M&A | No Comments »

We reported before (and where the first) about the Twistbox acquisition of InfoSpace Games U.S. (also known as Atlas Studio). In our Q&A with Michael Steuer, VP of games for Twistbox, we didn’t get access to the financial information surrounding the deal. In the latest SEC filing from InfoSpace which we got tipped on, all information is available though. InfoSpace has bought the Atlas Studio for $ 6.3 million in July 2004. Now, barely three years later, InfoSpace sold the studio for $ 1.5 million. Of course, this is nothing in contrast to the Elkware studio that was bought at $ 26.4 million and closed in 2006.

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    Arjan Olsder is the Vice President of Pixalon Studios. Opinions expressed on this publication do not have to represent those of Pixalon Studios.


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