Vivendi Universal Games announces they've divested themselves of the Knowledge
Adventure division:
LOS ANGELES (October 5, 2004) – Vivendi Universal
Games (VU Games) today announced the sale of its Knowledge Adventure educational
software business, including its titles JumpStart, Mathblaster and others, to
Knowledge Holdings, Inc., a company formed by Azure Capital Partners and
Telesoft Partners, two Bay Area venture capital firms. Financial terms of the
deal were not disclosed.
VU Games will continue global sales and distribution responsibilities for
Knowledge Adventure titles.