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LIVE: RealNetworks Spinning Off Games Business (RNWK)
Here's a deal that makes sense at first blush: RealNetworks (RNWK) is spinning off its game business, and may or may do an IPO as part of the spin-off. More details here, once you've agreed to a lengthy disclaimer, but here's the gist: RealNetworks announced that it intends to spin-off its games...
Silicon Alley Insider | more posts | 61 days | Thu., May 8, '08
RealNetworks plans to spin off its games unit
Over on Silicon Alley Insider this afternoon, there's a piece about RealNetworks' announcement Thursday that it plans to spin off its games unit. According to a release from RealNetworks, the Seattle company has decided that its casual games unit would be best positioned as an independent...
Geek Gestalt | more posts | 61 days | Thu., May 8, '08
RealNetworks to spin off its games business [Ipo]
RealNetworks' games business grew revenues 33 percent since the first quarter of 2007. CEO Rob Glaser thinks it could grow even faster on its own. RealNetworks announced today it plans to spin off the casual games business and "may precede the spin with an initial public offering and sale of up to...
Valleywag | more posts | 61 days | Thu., May 8, '08
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