New York – Electus, the multimedia entertainment studio unit
of IAC (NASD: IACI), announced on Tuesday that it has acquired Engine Entertainment, and
established a new in-house, global distribution arm, Electus/Engine Distribution.
Financial terms of the acquisition were not disclosed.
The two companies
collaborated previously to co-produce and distribute the mobile game
"Thumb Wars."
New York-based Electus said the new division will
handle worldwide sales for Electus content, which includes TV, films and
digital productions.
Engine CEO Chris Philip will become president of
Electus/Engine Distribution.
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