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