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Vivendi Universal Games Sells Off Productivity Software Franchises

Authored by Mark Hefflinger on August 23, 2004 - 2:05am.
Los Angeles -- Vivendi Universal Games, the video game publishing unit of the Franco-American media conglomerate, announced on Monday that it has sold its home productivity software franchises, Hallmark Card Studio and Print Artist, to Calabasas, Calif.-based Nova Development. Financial terms of the transaction were not disclosed. Los Angeles-based VU Games said the divestiture is part of its strategy of refocusing its business exclusively on games.
tags: Games | Vivendi Universal | Software | Productivity | Franchises |