informa
2 min read
article

Empire Interactive Confirms Takeover Interest

Representatives from British-headquartered publisher Empire Interactive have made an official statement confirming that the company has received several bids from parties...
Representatives from British-headquartered publisher Empire Interactive have made an official statement confirming that the company has received several bids from parties interested in takeover talks. Listed on the London stock exchange, the company is valued at around £5 million ($8.82m), with annual sales of around £30 million ($52.89m) and an expected pre-tax profit for the year ending March 31st of £500,000 ($0.88m). The company’s original IP titles include Flat Out and Big Mutha Truckers, and its assets also include a number of licenses including Starsky and Hutch, Bad Boys, Starship Troopers and Hello Kitty. The company’s statement indicates that it has received two approaches from U.S. based companies and one from a UK company, though there has been no specific indication of what companies are involved, though long-time U.S. distributor Vivendi is certainly a possible suitor. News outlet AFX News claims its sources have suggested that an American buyer would be particularly interested in the company because of its eclectic range of both PC and console titles, as well as its ties to Asian companies such as Sega and Taito and local offices in London, Germany, France, Italy, Spain and the U.S. The company was founded in 1987, and found early success with licenses such as Trivial Pursuit and The Hunt for Red October, as well as the Team Yankee series of tank simulations and puzzle game Pipemania. The company established a successful European budget label named in Xplosiv in 2000 for both PC and PlayStation 2 titles.

Latest Jobs

Studio Pixanoh LLC

Los Angeles, California
05.20.22
Combat Designer

Treyarch

Playa Vista, California or Vancouver, BC
05.20.22
AI Engineer

Question

Remote
05.20.22
Lead Level Designer (South Park)

Remedy Entertainment

Helsinki Metropolitan Area, Finland
05.23.22
Rigging Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more