Gamestation acquired by GAME for GBP 74 million |
Ó
European videogame and computer software retail giant GAME has acquired competitor Gamestation for GBP 74 million (US$ 148 million). According to GamesIndustry.biz, the market leader has unconditionally acquired the entire share capital of Gamestation on a debt, cash and tax-free basis.
"We are delighted to bring Gamestation into our portfolio and believe it has a strong future within the group," said GAME chairman Peter Lewis. "The Gamestation business is one we have long admired and is complementary to our existing business in terms of both store portfolio and target customers."
GAME points towards Gamestation's standing among hardcore gamers as one of the key reasons for the acquisition, hence the move to keep the branding of both outlets separate. "By investing in both brands we will further enhance the group's retail strategy while continuing to deliver and broaden our consumer reach," said Lewis.
It was also speculated that U.S. retailer GameStop would also be putting in a bid for Gamestation and its 217 stores as part of their planned European expansion.
Via GamesIndustry
34 Jumps PSP homebrew - MHUSPEED v3
25 Jumps Sony helping fix Bayonetta for PS3?
21 Jumps PSP homebrew - MacroFire v3.0.12
Contact Us:
The QJ.net Network |
 |
| Site | Feed |
| QJ.NET | RSS |
| Nintendo DS | RSS |
| PlayStation 3 | RSS |
| PSP Updates | RSS |
| Wii | RSS |
| Xbox 360 | RSS |
| MMORPG | RSS |
| Personal Computer Games | RSS |
| iPhone - iPod Touch | RSS |
| QJ.NET Forums | RSS |
Add QJ.NET
User Favorites - December
User Favorites - December
Categories
Archives
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
Comments [refresh]
Gamestation roxxorz my boxxorz,
as for GAME, well they just plain suck!
I Wish a GAME hadn't even noticed Gamestation,
but then again who wouldn't notice Gamestation?
(they probably beat GAME at everything they did)
Well, there goes the last decent Games Store. Looks like I'm getting everything online from now on. Thank god for play.com.
Anyway this is stupid, Game stores are always just down the road from GameSation stores. They own 4 stores within about 5 minutes walk of eachother in Bradford now.
where i live, there is a Gamestation practically opposite a GAME store, then another GAME just around the corner
game dont accpet pc games as trade ins only gamestation does
that blows
Here in Hull we have GAME, then 1 min down the road there's another GAME and then 1 min down the road in the other direction there's a Gamestation, pretty stupid really.
By 1 min i literally mean, 1 min walk, there within viewing distance of each other.
ive officially lost all respect for that money obsessed tycoon that is game
I agree that was one of the best stores ever gone now. Hopefully they might keep it as a Gamestation but licenced under GAME LTD. But if not then its going to be rubbish as I liked the whole 'trade in your games for cash or store credit' thing which was mintage. Game is just a rip off and too expensive!
DAMIT!!!! Gamestation are the only retailer to sell DVD movies Blu-Ray Movies, hd-dvd movies and all the retro games!!!!!!!! ***** YOU GAME!!!!
I just had an idea. I am going to stand outside my local GAME store with a protest banner. Anyone want to do the same a post a pic and the best pic wins a prize of £10 gift vochers for GAME?
Some guy you are using my name.... lol but still a good idea
Damn, I loved GameStation. They always spoke to you about what you were buying and actually seemed interested in the games they were selling.
I assume you will be taking me up on this offer then? I await your picture. You never know you might be the lucky one chosen to win the £10 GAME voucher!
I never shopped in Game or Gamestation.. Hated them both.
My local small retailer is a much nicer guy and he almost always beats them in prices.