Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.
The Topps Company has acquired GMG Entertainment, a digital currency card publisher. Terms of the deal were not disclosed. The strategic acquisition links two of the world's leading card manufacturers and demonstrates Topps' intent to ex
April 6, 2018
The strategic acquisition links two of the world's leading card manufacturers and demonstrates Topps' intent to expand the brand's portfolio by entering the digital currency retail space. In addition, Topps will bring manufacturing, design and collectability skills to digital currency cards.
"The Topps Company has found an ideal acquisition–GMG is a complementary business to our core and one that pivots us into the high-growth retail and digital convergence arena with partners such as Facebook," says Ryan O'Hara, chief executive officer of Topps. "We are delighted to have Rob Goldberg as part of Topps' senior management. He is a pioneer in new technologies for new digital services delivered at retail and follows in the footsteps of 60 years of creating new products for Topps."
"GMG is excited to join a global and forward thinking business such as Topps," says Rob Goldberg, chief executive officer of GMG. "We are looking forward to joining the Topps family as we look to accelerate and grow the category and amplify both of our core businesses on a worldwide platform."
You May Also Like
The London Studio Appoints New Licensing ManagerFeb 27, 2024
French Connection Teams with Concept OneFeb 27, 2024
Thomas & Friends Holiday Movie, New Netflix Series AnnouncedFeb 27, 2024
Legends of Learning, Rovio Launch ‘Angry Birds’-Themed Educational GamesFeb 27, 2024