RealNetworks Acquires GameHouse

InternetNews reports that RealNetworks is going to buy GameHouse, a Seattle-based online game developer, for $35.6 million in cash and stock. "In a statement, RealNetworks CEO Rob Glaser said that RealArcade has sold more than 2 million games since 2001. GameHouse has sold more than 1 million copies of its titles through RealArcade and other channels, generating more than $10 million in revenue and $5.5 million of net income in 2003."
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