GameStop Acquires Majority Stake in Jolt Online Gaming

Specialty retailer GameStop recently acquired a majority interest in online gaming platform Jolt. The company develops and publishes license-based, free-to-play titles such as Playboy Manager and the Legends of Zork casual game (in partnership with Activision) based on the text adventure series. It also operates browser-based MMOs like Trukz and Utopia Kingdoms.

"Acquiring Jolt is significant building block in our digital business strategy," explained GameStop general manager Chris Petrovic, according to a note posted by subsidiary Game Informer earlier this month that was later pulled offline. "This is further evidence of our commitment to building a world-class digital business platform."

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