Commodore plans to build on its fine heritage
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by Steven Williamson
on 13 June 2006, 08:50
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Commodore International Corporation have signed an agreement in which they’ve acquired 49 per cent of the overall shares of Commodore gaming.
The Commodore gaming license is a joint venture with The Content Factory and aims to develop, distributes and sell mobile, PC, video game related products, and entertainment content under the Commodore Gaming brand.
The deal was announced in 2005, but finally it’s been signed, sealed and delivered.
Ben van Wijhe, President of Commodore International Corporation said, "Gaming is one of Commodore's key historic competences, and the conclusion of this agreement emphasizes Commodore's strategy to build on the strengths of the rich Commodore heritage."
Commodore International Ltd were declared bankruptcy on April 29, 1994, and its assets were liquidated. In 2004 the Commodore name was bought by Yeahronimo Media Ventures with the clear intention of bringing the name back into the gaming arena. Their dream is now on its way to becoming reality.
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