ThrustMaster gets $5 million Private Investment

ThrustMaster gets $5 million Private Investment 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 it has closed the $5 million private equity investment which was previously announced on August 10, 1999. The Company issued 273,853 shares of restricted common stock at a price of $18.26 per share. ThrustMaster is successfully leveraging its foundation in computer gaming peripherals and is naturally and successfully progressing into Internet multi-media applications.

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