Home / Business / Trilogy falls into administration

Trilogy falls into administration

Trilogy Logistics has fallen into administration, MCV can reveal – with unconfirmed reports surfacing that Gem has already negotiated a double-quick buyout of the Northamptonshire firm’s assets.

Trilogy has suffered from a difficult year, following the fall-cum-acquisition of exclusive publishing partner Midway.

MCV revealed last week that Ubisoft had ended its exclusive deal with the firm – which came after the collapse of a proposed deal with The Producers.

However, there could be light at the end of the tunnel, MCV understands – with sources informing us that Essex-based Gem is allegedly set to swoop for the company.

That would mean the acquisition of accounts including 505 Games, as well as Trilogy’s Northamptonshire site – and, of course, the rescue of jobs in the tough Christmas period.

Gem refused to comment when contacted by MCV, whilst Trilogy could not be reached at the time of writing.

About MCV Staff

Check Also

id Software studio director, Tim Willits, to step down

"id Software is packed full of amazing talent that will continue to develop some of the best shooters in the world"