INTERVIEW-UPDATE 1-Infogrames bets on 'Alone in the Dark'

Thu Apr 10, 2008 11:06pm BST
 
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* CEO aims to sell 2-3 million units of new game

* CEO expects Q4 2007/08 revenue to fall year-on-year

* CEO says has not changed 2007/08 revenue guidance

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By Dominique Vidalon and Cyril Altmeyer

PARIS (Reuters) - France's Infogrames IFOE.PA expects to sell 2-3 million units of "Alone in the Dark" in the current fiscal year as it banks on the new high-adrenaline action game to boost revenue, its new head said on Thursday.

Chief Executive David Gardner also told Reuters in an interview that his top priority was to return the loss-making company to break-even.

Gardner said he wanted to boost the contribution of the United States to global revenue and that he had not been approached by any potential buyer of the company, which has a market capitalisation of $257 million.

Infogrames, which owns Atari Inc and whose finances were severely dented by the cost of past acquisitions, is viewed as a takeover target in a rapidly consolidating industry.  Continued...

 

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