RealNetworks to Spin Off RealArcade

| | Comments (0)
RealNetworks plans to spin off its casual games business, creating a new company and distributing shares of the new company to shareholders. RealNetworks may then sell up to 20% of its stake in an initial public offering.
RealNetworks received $108.5 million of revenues from casual games in 2007 through its RealArcade business. RealNetworks is awaiting board and regulatory approval to move forward with the spin-off.

Leave a comment

About this Entry

This page contains a single entry by Editor published on May 8, 2008 2:14 PM.

MLB Power Pros 2008 Coming Late This Year was the previous entry.

Nasdaq Delists and Halts Trading of Atari Stock is the next entry.

Find recent content on the main index or look in the archives to find all content.


Add to Technorati Favorites