Berlin, 9th May 2008: The publisher TGC – The Games Company and 10TACLE STUDIOS AG have decided not to realize the intended takeover. From now on TGC – The Games Company again acts as an autonomous and independent developer and marketer of computer and video games.
In December 2007 it was announced that TGC – The Games Company would be taken over by 10TACLE STUDIOS AG in order to expand the proprietary development capacities in the sectors of international multi-platform titles, casual gaming and licensed titles for the mass market. Due to the restructuring and new focussing of business activities at 10TACLE STUDIOS AG the agreed increase in capital has not been realized yet. Instead the parties have decided on reversing the transaction. The TGC management, led by Markus Malti and Carsten Strehse, has opted for returning to autonomy and will take over the shares of the company. “With the reverse transaction we have taken a step in the interests of all parties involved. TGC can continue its successful work and 10TACLE STUDIOS AG are free to newly position their company strategically as planned”, declares Markus Malti, CEO of TGC.
Carsten Strehse, CEO and development director of TGC, states: “All parties agree that the orientation of our business as a publisher with internal and external development competencies as vital assets does not fit into the new concept of the 10TACLE group. The reverse transaction is the logical consequence of this realization. Now we will expand our proprietary development capacities and invest in the development sector on a large scale.”
TGC is a Berlin-based internationally acting developer and marketer of computer and video games for the PC and all current game consoles. The firm is being managed by Markus Malti and Carsten Strehse. TGC was founded at the beginning of 2006 as a merger of 15 year old German development studio Silver Style and a group of experienced representatives of the computer games industry headed by co-founder Markus Malti. Today TGC employs a staff of over 40.
With Silver Style Entertainment TGC maintains a renowned proprietary development unit. Silver Style Entertainment has enjoyed international success with games such as “Soldiers of Anarchy”, “The Fall – Last Days of Gaia” and “Simon the Sorcerer – Chaos Happens”. “Simon the Sorcerer – Chaos Happens” has recently been awarded the German Developer Award 2007 in the category “Best German Children’s Game”. TGC also provides games based on popular licences like the well-known German casting show “Germany’s Next Topmodel” or “Wetten, dass..?”, the most successful television show in Europe, the DEL (German Ice Hockey League) or the HBL (German National Handball League), proving TGC´s commitment to high-quality productions.
About TGC – The Games Company
TGC – The Games Company is an internationally focussed publisher of computer and video games, situated in Berlin, Germany. TGC have their own in-house development studios realizing any kind of interactive entertainment software from high-quality full-price games to commissioned productions. Since its foundation in 2006 TGC – The Games Company has been publishing licensed products as well as commissioned and proprietary productions, mainly in the full-price segment. An ambitious team with long-time experience in the games industry and a strong network of partners are TGC’s great advantages. In 2008 TGC will continue to publish further high-quality products for PC and next-gen consoles. For more information please see www.the-games-company.com