SouthPeak Interactive Acquires Gamecock
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SouthPeak Interactive Corporation Acquires Gamecock Media Group
SouthPeak Interactive Corporation (OTC Bulletin Board: SOPK; SOPKU; SOPKW; SOPKZ), one of the fastest growing videogame publishers, today announced the acquisition of Austin-based Gamecock Media Group.
Commenting on the acquisition, Melanie Mroz, CEO of SouthPeak, stated, (Gamecock brings us a solid slate of upcoming titles, including Legendary, Mushroom Men and Velvet Assassin and supports our strategy of working with independent developers. We are excited to give the Gamecock titles a bigger platform to succeed.)
"We are thrilled to be joining forces with SouthPeak to continue to bring great original titles from independent developers to market with a stronger sales and distribution reach,) said Mike Wilson, CEO of Gamecock. (We have followed each other's progress closely over the last two years, and combining our team with theirs results in a very strong and well-rounded force in the market."
SouthPeak expects to ship Legendary and Mushroom Men in the current quarter.
About SouthPeak Interactive Corporation
SouthPeak Interactive Corporation develops and publishes interactive entertainment software for all current hardware platforms including: PLAYSTATION®3 computer entertainment system, PSP® (PlayStation® Portable) system, PlayStation®2 computer entertainment system, Xbox 360® videogame and entertainment system, Wii™, Nintendo DS™ and PC. SouthPeak's games cover all major genres including action/adventure, role playing, racing, puzzle strategy, fighting and combat. SouthPeak's products are sold in retail outlets in North America, Europe, Australia and Asia. SouthPeak is headquartered in Midlothian, Virginia, and has offices in Grapevine, Texas and London, England. www.southpeakgames.com
In addition, Gamasutra's coverage of the press release reveals that "SouthPeak's recent full-year results also saw revenue increase 220 percent to about $40 million thanks to its RPG Two Worlds." Who would have thought Two Worlds would be such a blockbuster for them?
