Majesco Entertainment, a publisher that's been in the video game business for 30 years, has announced that it's merging with PolarityTE, a company focused on regenerating tissue technology. The publisher has suffered financial difficulties, finding itself almost being delisted from NASDAQ.

In August 2015, the company appointed a new CEO and whittled its number of employees down to five.

Majesco published a number of well-known titles, including BloodRayne, Psychonauts, Cooking Mama, and the classic Drake Of The 99 Dragons.

[Source: Reuters]

Our Take

It's always a bummer when a business exits the gaming industry and while Majesco's games weren't always the most solid of titles, they have a number of memorable, off-kilter games that people remember fondly. We wish the best to the employees in the middle of the business transition.