Canada’s TransGaming Acquires Oberon’s TV Interactive Division for $7 Million

TransGaming, a Canada-based distributor of games for set-top boxes and computers, has acquired the interactive TV division of Oberon Media, a New York-based games distributor. TransGaming will pay up to $7 million, including $3 million in cash on closing, $2 million in earn-outs and four million TransGaming shares. Oberon’s network, which in North American includes DISH Network and DirecTV, distributes games to nearly 50 million households.


Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work