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Friday, February 23, 2007 

The Twistbox Acquisition of InfoSpace Games U.S. Financial Details

Mobile Games Blog reported before about the Twistbox acquisition of InfoSpace Games U.S. (also known as Atlas Studio). In their Q&A with Michael Steuer, VP of games for Twistbox, they didn’t get access to the financial information surrounding the deal. In the latest SEC filing from InfoSpace which they got tipped on, all information is available though. InfoSpace has bought the Atlas Studio for $ 6.3 million in July 2004. Now, barely three years later, InfoSpace sold the studio for $ 1.5 million. Of course, this is nothing in contrast to the Elkware studio that was bought at $ 26.4 million and closed in 2006.

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Pedro "K2" Macêdo

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