Chaska Video Game Publisher ValuSoft Bought by CA Firm

The buyer-California-based Cosmi-claims that it is now the United States' second-largest retail publisher of personal computer games and the largest retail publisher in the value software category.

Westminster, California-based Cosmi announced Wednesday that it has acquired ValuSoft, a Chaska-based firm that publishes video games and other interactive software.

Financial terms of the acquisition were not disclosed.

Cosmi, which publishes home and office software, bought ValuSoft from the Minnesota-based firm's parent company, Los Angeles-based THQ, Inc.

Both ValuSoft and Cosmi bill their products as “value software.”

Cosmi, which now operates as ValuSoft+Cosmi, said that as a result of the acquisition, it is now the United States' second-largest retail publisher of personal computer games and the largest retail publisher in the value software category, both based on the number of units sold.

ValuSoft's products are typically priced in the $9.99 to $19.99 range, according to its website. The company's best-known products include 18 Wheels of Steel-a computer game that allows players to build a virtual trucking business-and Master Cook, a digital cookbook.

“We look forward to integrating ValuSoft's catalog along with its sales, marketing, and software development team to continue our growth in the 'value' retail channel,” Cosmi President Edward Lanchantin said in a statement. “Adding ValuSoft gives us the significant size and scope to better meet the needs of our retailer network and customers.”

Lanchantin told Twin Cities Business that the acquisition has not led to any layoffs and that ValuSoft's Chaska headquarters will be retained as an office location. ValuSoft+Cosmi has a total of about 50 employees, he said.

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