GameStop Corp., the world’s largest video game and entertainment software retailer, is negotiating an acquisition of 1C-Interes, a leading Russian video game and multimedia retailer, reported business daily newspaper Kommersant. According to the paper, the deal could be valued at about $5 million.
Founded in 2003, 1C-Interes has 48 stores in 19 cities in Russia. Its 2008 sales are estimated at more than $10 million. The company also operates an online store. 1C-Interes is owned by 1C Group of accounting and mutlimedia software companies and private individuals.