SouthPeak Games

Founded on March 1, 1996, as a subsidiary of SAS Institute in Cary, North Carolina, it was sold and moved to Midlothian, Virginia in 2000, and became a public company in 2008.

Also in 2008, the company acquired and closed Austin, Texas–based publisher Gamecock Media Group, and opened a separate digital distribution subsidiary 7Sixty in Grapevine, Texas in 2011.

[14] On June 19, 2008, the company announced that they had raised a total of US$12.9 million through private investment in public equity, in order to expand its business.

[15] On October 14, 2008, the company announced that it had acquired Austin, Texas–based video game publisher Gamecock Media Group, including its upcoming titles, Legendary, Mushroom Men, and Velvet Assassin.

[22] In November 2011, arbitrator Peter Vogel ruled in favor of SouthPeak Games, ordering TimeGates Studios to pay the US$7.3 million and hand over the license to the Section 8 intellectual property to SouthPeak Games, which was, however, overturned by a federal court in March 2012, claiming that the original contract foresaw that TimeGate Studios would retain the Section 8 license in the publishing deal.

[25] Additionally, on February 19, 2010, the judge ruled upon CDV Software's other claims, including copyright infringement and breach of contract, ordering SouthPeak Games to hand in further, undisclosed payments.

[28] As a result of the outstanding bills, on July 20, 2010, British distributor Centresoft put 40,000 units of SouthPeak Games stock on ice to auction them off,[29] generating £50,000 by August 6, 2010.

[32] However, all payments ordered by the settlement court were not paid by SouthPeak Games, as a result of which CDV Software filed for preliminary insolvency on April 15, 2010.

[34] In response to the announcement, on July 21, 2010, SouthPeak Games sued Majesco over copyright infringement over the My Baby intellectual property, despite its developer, French studio Nobilis, actually owning it at the time.