Turner’s GameTap service has been sold to Eurpean digital distribution company Metaboli, as was announced by both companies jointly this afternoon. Under the arrangement, the GameTap service will continue in the U.S. as-is, but behind the scenes Turner will stay on in a “partnership” to assist in the technical and migration support for the service through early next year.
“GameTap is a significant strategic addition to our portfolio of established online gaming services in Europe,” said Pierre Gaudet, CEO of Paris-based Metaboli. “The addition of GameTap provides us a foothold in the U.S. market; valuable content and an established brand that integrate well with our existing operations; and a partner with whom we are honored to be in business.”
After the migration period is over, Metaboli will assume management of the GameTap brand. It will still, however, be based in Atlanta, with Turner staying partially involved as an equity investor.
Tags: acquisition, different theories in language acquisition, gametap, merger integration template, metaboli s.a., turner
