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Formerly | Majesco Sales Inc. (1986–2005) |
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Company type | Subsidiary |
Nasdaq: COOL | |
Industry | Video games |
Founded | June 16, 1986Edison, New Jersey, U.S. | in
Headquarters | , |
Area served | Worldwide |
Key people | Jesse Sutton (CEO) |
Parent |
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Subsidiaries | Midnight City |
Website | www |
Majesco Entertainment Company (formerly Majesco Sales Inc.) is an American video game publisher and distributor based in Hazlet, New Jersey. The company was founded as Majesco Sales in Edison, New Jersey in 1986, and was a privately held company until acquiring operation-less company ConnectivCorp in a reverse merger takeover, becoming its subsidiary and thus a public company on December 5, 2003.[1] ConnectivCorp later changed its name to Majesco Holdings Inc. on April 13, 2004.[2]
On December 1, 2016, Majesco Entertainment was acquired by PolarityTE, Inc., a biotech company, in another reverse merger takeover, because of which it formally ceased all video game operations on December 8, 2016. In mid-2017, chief executive officer Jesse Sutton re-acquired the company through a management buyout and continued operating it privately held. On January 15, 2018, Liquid Media Group announced the acquisition of Majesco.[3]