Sponsored By

TLC Sold

Mattel has reportedly sold off The Learning Company. The purported buyer is Los Angeles-based Gores Technology Group, a company specializing in turning around trouble tec...

Quang Hong, Blogger

September 29, 2000

1 Min Read
Game Developer logo in a gray background | Game Developer

Mattel has reportedly sold off The Learning Company. The purported buyer is Los Angeles-based Gores Technology Group, a company specializing in turning around trouble technology concerns. Mattel is expected to take a $430 million dollar after tax charge related to the discontinued operation. Terms of the sale have not been disclosed.

Read more about:

2000

About the Author

Quang Hong

Quang Hong

Blogger

Quang Hong is the Features Editor of Gamasutra.com.

See more from Quang Hong
Daily news, dev blogs, and stories from Game Developer straight to your inbox
Stay Updated

You May Also Like

Latest News

Key art for 2019's Shenmue 3.
Business
Shenmue 3's publishing rights switch over to Inin GamesShenmue 3's publishing rights switch over to Inin Games
byJustin Carter
Nov 22, 2024
2 Min Read
A screenshot from Stalker 2
Business
Stalker 2 has sold 1 million copies in two daysStalker 2 has sold 1 million copies in two days
byChris Kerr
Nov 22, 2024
2 Min Read
Get daily news, dev blogs, and stories from Game Developer straight to your inbox
Subscribe to Game Developer Newsletters to stay caught up with the latest news, design insights, marketing tips, and more
Stay Updated

More from GD

Characters from the Warcraft franchise strike a pose.
Design
What Blizzard is doing to make sure World of Warcraft never gets oldWhat Blizzard is doing to make sure World of Warcraft never gets old
byBryant Francis
Nov 22, 2024
5 Min Read
thumbnail
Production
Classic Postmortem: Harmonix's Dance Central (2010)Classic Postmortem: Harmonix's Dance Central (2010)
byMarc Flury, Kasson Crookerand 3 more
Nov 21, 2024
24 Min Read
YoYo Games CEO Russell Kay holds a microphone against Game Developer's red background.
Programming
What GameMaker's 25-year run tells us about the game engine marketWhat GameMaker's 25-year run tells us about the game engine market
byBryant Francis
Nov 20, 2024
9 Min Read
Latest Podcasts
See all

Featured Blogs

Programming
How wall running and high-speed movement works in Project: Haste
How wall running and high-speed movement works in Project: Haste

Nov 22, 2024

Audio
How to record a giant mech: Recording sound design with War Robots
How to record a giant mech: Recording sound design with War Robots

Nov 20, 2024

Design
The art of game balance: evolution
The art of game balance: evolution

Nov 18, 2024