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UK publishing giant <a href="http://www.futurenet.com">The Future Network</a> has acquired Computec Media UK from its parent company <a href="http://www.computec.de">Comp...

David Jenkins

October 22, 2003

1 Min Read

UK publishing giant The Future Network has acquired Computec Media UK from its parent company Computec Media AG. The consideration was £3.2 million ($5.4m), payable at completion, which will be funded from Future's cash resources; Future has also agreed a licensing arrangement with Computec that will allow the German company to use content from a number of its titles. The purchase gives Future an even greater stranglehold over the UK games magazine market, as it adds titles such as PSW and Xbox World to its stable.

About the Author(s)

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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