Empire Interactive accepts Silverstar takeover

By Emma Boyes, GameSpot UKPosted Nov 22, 2006 10:50 am PT

Offer declared wholly unconditional, Empire to be delisted from AIM.

Silverstar has acquired 85 percent of Empire Interactive's shares in a takeover deal reportedly worth £4.75 million (approx. $9 million). Last month Silverstar put in an offer for the UK-based publisher and developer, which it said it expected to be concluded by the end of November.

Empire Interactive was founded in 1987 and also has offices in France, Germany, and Spain. Among other titles, it published Big Mutha Truckers and its sequel. Silverstar Holdings was set up in 1995 and has recently specialized in investing in electronic game and technology businesses.

Silverstar Holdings CEO Clive Kabatznik said that it was delighted to have acquired the company. He told GameSpot, "Empire Interactive [is] one of the world's leading independent interactive entertainment software publishers. We look forward to working with their excellent management team to build the business both through the expansion of current franchises as well as through the addition of exciting new titles in the near future."

Silverstar intends to cancel the admission of Empire shares on the Alternative Investments Market (AIM) of the London Stock Exchange, which it anticipates will come into effect on December 20.

18 Comments

  • casshern

    Posted Nov 24, 2006 5:41 pm PT

    Sorry I meant that Emma Boyes is #1 for bringing this news to us the readers. Gamespot please except my apology.

  • generalscool

    Posted Nov 24, 2006 10:59 am PT

    The question is why they published Starship Troopers

  • ObiKKa

    Posted Nov 23, 2006 6:14 am PT

    georgetkat
    "They did Ghost Master, which was pretty amusing, but not much else worth mentioning, lol..."

    Ghost Master - cool, sweet. They also published the Flatout series. But why have they published the other sub-par games?

  • cjcr_alexandru

    Posted Nov 23, 2006 3:18 am PT

    I agree with RyuSage.

  • amerus

    Posted Nov 23, 2006 3:14 am PT

    never heard of any of em until now

  • shasam712

    Posted Nov 23, 2006 3:05 am PT

    Wow, Big Mutha Truckers, score!

  • deadmenneverdie

    Posted Nov 23, 2006 1:36 am PT

    Not like any of these companys make good games or anything.

  • georgetkat

    Posted Nov 22, 2006 8:16 pm PT

    They did Ghost Master, which was pretty amusing, but not much else worth mentioning, lol...

  • Robb12123

    Posted Nov 22, 2006 2:39 pm PT

    dude that place in u k is totally near me bra ..... on my street yukno ....

  • RyuSage

    Posted Nov 22, 2006 1:42 pm PT

    "one of the world's leading independent interactive entertainment software publishers"

    ROFL

  • edwardnortan

    Posted Nov 22, 2006 1:31 pm PT

    *YAWN*

  • xrxromeoxrx

    Posted Nov 22, 2006 1:24 pm PT

    lmao at last post ;D

  • Toadstool1969

    Posted Nov 22, 2006 12:30 pm PT

    Okay, yawn. How about news about companies that we actually care about? I'd like to hear Gamespot's take on EGMs rumor that Microsoft is in talks to buy Capcom. How about some "rumor control" on that one?

  • feudel01

    Posted Nov 22, 2006 12:14 pm PT

    El oh EL Big Mother Truckers TRUCK YOU MOTHER TRUCKER

  • KACAblaze

    Posted Nov 22, 2006 12:04 pm PT

    Yeah, kinda sucks

  • Digitised

    Posted Nov 22, 2006 11:40 am PT

    #3 wow feel so sad doing this

  • piecake

    Posted Nov 22, 2006 11:12 am PT

    thats bisness

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