SilverBirch to Acquire Lighthouse Interactive

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SilverBirch Inc. a leading digital media company, today announced an agreement to acquire Lighthouse Interactive Game Publishing B.V., a Netherlands-based international video game publishing company with offices in Montreal, Toronto and London, England.

This immediately accretive acquisition is a first step in SilverBirch’s stated strategy of building an integrated video game company. The acquisition will improve the fundamentals of SilverBirch by adding to both revenues and profitability of the company.

"The strategic significance of expanding into publishing can’t be overemphasized," commented Derek van der Plaat, SilverBirch CEO. "Being a developer and a publisher will allow us to further diversify our revenue streams and capture a greater proportion of the video game industry value chain."

"The synergies between our two companies made the decision to become part of SilverBirch an easy one for us. This deal will help Lighthouse to further develop our business and access vertical market opportunities as we continue to expand the Lighthouse brand," said Steve Wall, Executive VP and co-founder of Lighthouse Interactive.

In : PC

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