The Sony Electronic Publishing Co unit of Sony Corp has acquired Liverpool-based computer and video games software developer and publisher Psygnosis Ltd on undisclosed terms. Psygnosis, a Queen’s Award for Exports winner in this year’s list, will continue to market and distribute computer software under its own brand, as well as developing software for Sony Electronic Publishing’s video games division. The value of the deal is estimated at UKP12m to UKP16m; the company, which employs about 100 people and was founded in 1984, made its fortune with the Lemmings series of games, and saw sales rise nearly 40% to UKP6.8m in the year to July 1992, and is forecasting UKP1.5m pro fit on UKP12m sales this fiscal year.
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