RealNetworks: That Game Spinoff Isn’t Happening (Obviously). But We Do Have Plenty of Cash…

Last spring, RealNetworks announced plans to spin off its fast-growing casual games business into a separate company. That’s not going to happen in the midst of a meltdown, and today the company formally acknowledged the reality. But keep an eye on Real, which has a pile of cash and may be in an acquiring mood at some point this year.