Connect with world renowned investors

14 - 16 April 2021

Join the event

10tacle and TGC reverse acquisition

10tacle, which announced the acquisition of TGC last year, has decided to reverse the transaction

10tacle Studios AG has announced a decision not to realise its intended takeover of The Games Company.

The companies first announced the transaction in December 2007.

Due to the restructuring and new focus of business activities at 10tacle Studios AG, the agreed increase in capital has not yet been realised according to the companies. The parties have therefore decided to reverse the transaction - leaving The Games Company as an autonomous developer.

"With the reverse transaction we have taken a step in the interests of all parties involved," said The Games Company CEO Markus Malti.

"TGC can continue its successful work and 10tacle Studios AG are free to newly position their company strategically as planned."

Connect with world renowned investors

14 - 16 April 2021

Join the event

More stories

Cloud gaming firm Blade seeking investment after filing for bankruptcy

Company behind Shadow service has also been placed in receivership in France, claims it is a "victim of its own success"

By James Batchelor

Japan's Super Nintendo World to open on March 18

Orlando's Super Nintendo World has been pushed to 2025

By Marie Dealessandri

Latest comments

Sign in to contribute

Need an account? Register now.