THQI News Cosmi Software Acquires ValuSoft Divis
Post# of 144503
THQI News Cosmi Software Acquires ValuSoft Division of THQ Inc.
2012-04-25 09:00 ET - News Release
Combination Creates the #1 U.S. Retail Publisher of Value Software in Unit Volume
WESTMINSTER, Calif. -- (Business Wire)
Cosmi, the 30-year value-priced consumer software pioneer, today announced the acquisition of Chaska, Minnesota-based ValuSoft, the PC value line of THQ Inc. The combination will make the new ValuSoft+Cosmi venture the second largest U.S. Retail Publisher of PC Games in units sold and the #1 Retail Publisher in the Value Software Category by units sold. The acquisition was consummated through the creation of ValuSoft Finance LLC, a sister company to Cosmi.
Well-known for its best-selling franchises, including 18 Wheels of Steel and Master Cook, ValuSoft is a global PC publisher and distributor of interactive entertainment and productivity software. Cosmi and ValuSoft together have dominated the value software category since 1997 and have expanded as global publishers, serving more than 25,000 retail outlets and numerous e-commerce sites.
As a developer and publisher, Cosmi has been credited with many industry innovations and design patents, including parallax scrolling screens, 3D animation, flight simulators, desktop publishing, packaging patents and more. With more than 100 million programs sold, Cosmi ranks as one of the premier gaming and productivity software companies in the world.
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