GT Interactive acquires Legend Entertainment

GT Interactive Software announced today that it has acquired the business of Legend Entertainment, a leading entertainment software developer known for hit titles such as Mission Critical and Death Gate, in a cash transaction. Legend becomes GT Interactive’s seventh fully integrated software development studio.

For January 1999, this is the business side of gaming doing what it always does: studios forming, publishers moving money around, lawsuits flying, and everyone promising the next big thing. Somewhere in that mess, players eventually get the games. Maybe.