Navarre Acquires Beamscope

Navarre is acquiring two operating divisions from Beamscope Canada. Navarre, a software and music distributor is buying Beamscope's videogame and videogame accessories businesses. "This dramatically expands our business model, which currently includes being a leading distributor of all categories of PC software, independent music labels, major label music and DVD video to alternative retail markets," said Navarre Chairman Eric Paulson, "it gives us the strongest presence in the video game industry in Canada." Terms for the deal, which is expected to close October 31, were not disclosed.