Game company profile: GT Interactive Software
GT Interactive Software was a notable video game publisher and distributor, particularly active during the 1990s. GT Interactive quickly established itself as a major player in the video game industry. It was known for publishing and distributing a variety of influential and successful games across different genres and platforms.
GT Interactive's strategy included acquiring developers and securing high-profile distribution deals, which significantly bolstered its game portfolio: Microprose, Humongous Entertainment, Legend Entertainment. GT Interactive faced financial difficulties by the late 1990s. The high costs of acquisitions and increasing competition in the video game industry strained the company's finances.
In December 1999, French video game company Infogrames Entertainment (later rebranded as Atari SA) acquired GT Interactive for approximately $135 million. This acquisition marked the end of GT Interactive as an independent entity, but its legacy continued under Infogrames' expanding portfolio.