Spin Master Corp., the Canadian toymaker behind Rubik s Cube and Etch a Sketch, agreed to acquire the Nordlight Games studio in a deal that will speed.
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The global toy maker, Spin Master has completed its acquisition of Rubik’s Brand Ltd and the world famous Rubik’s Cube following the announcement of its intention in October last year.
Spin Master will look to continue the Rubik’s brand legacy with plans for further innovation across the entire Rubik’s portfolio and expanded distribution through the company’s global footprint.
The move also strengthens Spin Master’s own position in the global games and puzzles market. The Rubik’s Cube purchase marks Spin Master’s 22nd acquisition since the company was founded in 1994. Spin Master is the currently the third largest games company in the United States.
TORONTO - Canadian toymaker Spin Master Corp. has solved the Rubik's Cube, completing a US$50-million acquisition of the legendary multi-coloured cube.T