GAME acquires Multiplay for 20 million pounds

[WYP]

The UK games retailer GAME has acquired the gaming services and events company Multiplay for 20 million pounds. GAME says the move will help expand its community events and eSports program, as well as increase its digital PC games footprint.

Read more on GAME's acquisition of Multiplay here.

 

[Warchild]

From Bankruptcy to Aquisition

Penniless to 20million to burn.

Hmm I wonder if this is such a good idea..

 

[EllieThePurpleFuzzy]

wasnt it like 2 years ago GAME was pretty much bankrupt?

heck they closed down one of the 2 shops up town from here cause they went bust.

interesting

 

[MrKambo]

wasnt it like 2 years ago GAME was pretty much bankrupt?

heck they closed down one of the 2 shops up town from here cause they went bust.

interesting

yeah there were 3 in a 10 mile radius to me and they all shut down!

I got a feeling they'll mess it up!

 

[barnsley]

A what I thought was dying company picking up one of the biggest albeit (in my experience) least reliable game server hosting companies.

rip multiplay. And Game.

 

[JR23]

A what I thought was dying company picking up one of the biggest albeit (in my experience) least reliable game server hosting companies.

rip multiplay. And Game.

The money must be entirely in the events though, they could bring their respective assets together to form something rather good. But then again they could squeeze out the other sponsors, try to make a 'GAME' festival and accelerate their own death.

JR

 

[MrKambo]

Multiplay host iseries, which is EPIC!! Now i reckon it'll go down hill

 

[tinytomlogan]

Multiplay host iseries, which is EPIC!! Now i reckon it'll go down hill

Same people will still be running it - it will probably get bigger if anything

 

[MrKambo]

Same people will still be running it - it will probably get bigger if anything

If that is the case, it should be OK, Game lost alot of following when it went through its financial crisis, it has alot of work to do

 

[Warchild]

I guess Opcapita have alot of money to dispose of since they are the new owners of the retail giant. I don't think there is much for them to do to recover their crisis as their reputation is still there.

You can blame companies like Ubisoft, Nintendo and EA for GAME's worsening situation as they refused to supply the retailer that could have allowed them to recover.

Good luck to them. Hopefully Multiplay works out for them and they can continue to thrive.
Although their shares took an absolute nose dive because they screwed up in the Black Friday discount day. It really hit them hard.