Public company | |
Traded as | NASDAQ: COOL |
Industry | Video game industry |
Fate | Merged with PolarityTE |
Founded | 1986 |
Headquarters | Edison, New Jersey, U.S. |
Products | Video games |
Revenue | US$75 million |
US$2 million | |
US$490 thousand | |
Divisions | Midnight City |
Website | Official website |
Majesco Entertainment Company (formerly Majesco Sales, Inc.) is a former American video game publisher and distributor founded in 1986, headquartered in Edison, New Jersey, United States. In December 2016, the company merged with PolarityTE, a biotech firm, and formally dropped out of the entertainment business.
Majesco was first known as a reissuer of old titles that had been abandoned by their original publisher. By cutting the prices and eventually arranging the rights to self-manufacture games for both Nintendo and Sega systems, the company found a sustainable market niche.
Later, Majesco arranged with Sega to manufacture a version of its Genesis (known as Mega Drive outside North America) 16-bit console, which had been superseded by the 32-bit Saturn. It released this in 1998 as the Genesis 3 and followed up with a version of the handheld Game Gear called the Game Gear Core System.
The company's focus shifted to in-house game development, initially under the brand Pipe-Dream Interactive since few believed they could make the transition successfully. Majesco focused on developing for then-current generation systems, such as Nintendo's GameCube and Game Boy Advance, Microsoft's Xbox, and Sony's PlayStation 2. A few of the titles it released, involving popular characters, included a few Bomberman titles for the Gamecube and Game Boy Advance. Majesco also published PC games with Terminal Reality as the developer, such as BloodRayne and BloodRayne 2.