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RealTime IT News

Sony Gaming Online

Envision Development + PureEdge Solutions, Sony Pictures + Verant Interactive, USABancShares.com + Bonds Online









 Sony Pictures acquires Verant Interactive

 

   *  Amount:         Undisclosed

 

   *  Terms:            $5.6 million stock/$6 million cash
 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      A

 


    CULVER CITY, June 1--Sony Pictures Entertainment, a unit of Japanese electronics giant Sony , said it acquired online game company Verant Interactive, known for the multi-player, role-playing game "EverQuest," to expand Sony's online game businesses. Financial details of the Verant acquisition were undisclosed.

     

 

 Envision Development (EDV) to acquire PureEdge Solutions

 

   *  Amount:         Undisclosed