2
edits
Changes
Jump to navigation
Jump to search
Line 24:
Line 24: − [[Bruno Bonnell]]'s Infogrames in 1996 embarked on a acquisition campaign that would last seven years and cost more that $414 million and had as objective to achieve a $1 billion revenue in 2001<ref>http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-16-2000/0001142857&EDATE=</ref>. While the company's debt increased from $55 million in 1999 to $493 million in 2002, the company's revenue also increased from $246 million to $650 million during the same period.<ref>http://www.gamasutra.com/php-bin/column_index.php?story=8636</ref> + − + + + + + − In 1998 IESA acquired majority share of 62.5% in the game distributor ''OziSoft'', which became ''Infogrames Australia'',<ref>http://www.atari.com.au/misc/faq.do</ref> in 2002 IESA bought the remaining shares of ''Infogrames Australia'' from Sega and other share holders<ref>http://www.zdnet.com.au/news/business/soa/Ozisoft-becomes-Infogrames-Australia/0,139023166,120267724,00.htm</ref> for $3.7 million.<ref>http://www.gamasutra.com/php-bin/column_index.php?story=8636</ref>. In this same year the distributors ABS Multimedia, Arcadia and the Swiss Gamecity GmbH were acquired.<ref>http://www.claimexam.com/links/Done/accolade.htm</ref><ref>http://corporate.infogrames.com/uk/download/reports/infogrames_entertainment_annual_report_99_00.pdf</ref> − In 1999 IESA bought [[Gremlin Interactive]] for $40 million, renamed it to ''Infogrames Sheffield House'' but close it down in 2003<ref>http://findarticles.com/p/articles/mi_m0CGN/is_1999_March_25/ai_54207493</ref>. IESA also bought in same year [[Accolade]] for $60 million<ref>http://findarticles.com/p/articles/mi_m0CGN/is_1999_April_20/ai_54426666</ref><ref>http://www.islandnet.com/~kpolsson/vidgame/vid1999.htm</ref> and [[Beam Software]] later renamed to ''Infogrames Melbourne House Pty Ltd''<ref>http://www.mobygames.com/company/krome-studios-melbourne</ref>.
→1996-2002 Growth Through Acquisition
==1996-2002 Growth Through Acquisition==
==1996-2002 Growth Through Acquisition==
Bruno Bonnell's Infogrames in 1996 embarked on a acquisition campaign that would last seven years and cost more that $414 million and had as objective to achieve a $1 billion revenue in 2001<ref>http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-16-2000/0001142857&EDATE=</ref>. While the company's debt increased from $55 million in 1999 to $493 million in 2002, the company's revenue also increased from $246 million to $650 million during the same period.<ref>http://www.gamasutra.com/php-bin/column_index.php?story=8636</ref>
In 1996 IESA bought [[Ocean Software]] for about $100 million<ref>http://www.ukbusinesspark.co.uk/bpmerg96.htm</ref> renaming the company as ''Infogrames UK''.<ref>http://www.mobygames.com/company/atari-uk-ltd</ref> In 1997 Philips Media BV was purchased.
In 1996 IESA bought Ocean Software for about $100 million<ref>http://www.ukbusinesspark.co.uk/bpmerg96.htm</ref> renaming the company as Infogrames UK.<ref>http://www.mobygames.com/company/atari-uk-ltd</ref> In 1997 Philips Media BV was purchased.
In 1998 IESA acquired majority share of 62.5% in the game distributor OziSoft, which became Infogrames Australia,<ref>http://www.atari.com.au/misc/faq.do</ref> in 2002 IESA bought the remaining shares of Infogrames Australia from Sega and other share holders<ref>http://www.zdnet.com.au/news/business/soa/Ozisoft-becomes-Infogrames-Australia/0,139023166,120267724,00.htm</ref> for $3.7 million.<ref>http://www.gamasutra.com/php-bin/column_index.php?story=8636</ref>. In this same year the distributors ABS Multimedia, Arcadia and the Swiss Gamecity GmbH were acquired.<ref>http://www.claimexam.com/links/Done/accolade.htm</ref><ref>http://corporate.infogrames.com/uk/download/reports/infogrames_entertainment_annual_report_99_00.pdf</ref>
In 1999 IESA bought Gremlin Interactive for $40 million, renamed it to Infogrames Sheffield House but close it down in 2003<ref>http://findarticles.com/p/articles/mi_m0CGN/is_1999_March_25/ai_54207493</ref>. IESA also bought in same year Accolade for $60 million<ref>http://findarticles.com/p/articles/mi_m0CGN/is_1999_April_20/ai_54426666</ref><ref>http://www.islandnet.com/~kpolsson/vidgame/vid1999.htm</ref> and Beam Software later renamed to Infogrames Melbourne House Pty Ltd<ref>http://www.mobygames.com/company/krome-studios-melbourne</ref>.
===Acquisition of GT Interactive===
===Acquisition of GT Interactive===