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Playing Out of Control Gaming

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/ Adam Richardson

ThrustMaster approves Sale of Hardware Business and New Company Name

ThrustMaster approves Sale of Hardware Business and New Company Name: ThrustMaster announced that shareholders have approved the sale of the hardware business and the new...

ThrustMaster approves Sale of Hardware Business and New Company Name is today’s industry move, and it is one more reminder that the games business is growing up fast, whether it is ready or not.

ThrustMaster announced that shareholders have approved the sale of the hardware business and the new company name, CenterSpan Communications Corporation. The new NASDAQ ticker symbol will be announced shortly. The company also announced that it expects to close the sale of the hardware business to Guillemot Corporation for $15 million cash within the next 5 business days.

It is business news, sure, but these moves shape what games get made, what stores carry them, and who is still standing next year.