ThrustMaster is voor 15 miljoen dollar verkocht aan Guillemot Corporation of Carentoir. Ze zullen wel onder een nieuwe naam verder gaan:
ThrustMaster today announced that it has entered into a definitive agreement to sell the assets of the ThrustMaster game controller hardware business to the Guillemot Corporation of Carentoir, France for $15 million in cash. The transaction is subject to formal ThrustMaster shareholder approval and is expected to close in early to mid-September 1999.
The ThrustMaster name is included in the assets being sold. The Company will announce its new name before the transaction closes in September. The new name will reflect the new strategic direction of the Company in Internet community and communications and will be determined by the outcome of other near-term strategic initiatives. "Our strategy is to grow and leverage our technological capabilities, product offerings and partner/customer relationships through make, license or buy arrangements where appropriate," stated David Mcfeeters-Krone, Vice President of Strategic Planning for ThrustMaster, Inc.