Midnight City (company)
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Formerly called
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Majesco Sales Inc. (1986–2005) |
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| Public | |
| Traded as | NASDAQ: COOL |
| Industry | Video game industry |
| Fate | Merged with parent |
| Founded | June 16, 1986 in Edison, New Jersey, U.S. |
| Defunct | December 8, 2016 |
| Headquarters | South Plainfield, New Jersey, U.S. |
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Area served
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Worldwide |
| Revenue |
 US$75 million
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US$2 million
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US$490,000
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| Parent |
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| Subsidiaries | Midnight City |
| Website | majescoent |
Majesco Entertainment Company (formerly Majesco Sales Inc.) was an American video game publisher and distributor based in South Plainfield, New Jersey. The company was founded as Majesco Sales in Edison, New Jersey in 1986, and was a privately held company until acquiring operation-less company ConnectivCorp in a reverse takeover, becomings its subsidiary and thus a public company, on December 5, 2003. ConnectivCorp later changed its name to Majesco Holdings Inc. on April 13, 2004. On December 1, 2016, Majesco Entertainment was acquired by PolarityTE, Inc., a biotech company, in a reverse takeover, because of which it formally ceased all video game operations on December 8, 2016.
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Sega to manufacture a version of its Genesis (known as Mega Drive outside North America) 16-bit console, which had been superseded by the 32-bit Saturn.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.
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Wikipedia