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Electronics Boutique to Acquire Jump

5/23/2005

West Chester, Pa., Electronics Boutique Holdings Corp. will acquire Spanish computer and electronics retailer, Jump Ordenadores, for an undisclosed amount. Electronics Boutique said that buying the 141-store chain, which is based in Valencia, Spain, would help the company find a foothold in Europe’s fourth-largest video-game market. Electronics Boutique, which has agreed to be acquired by rival GameStop Corp. for $1.4 billion, said it will begin selling video-game hardware and software in Jump stores over the next several months. The West Chester, Pa.-based retailer expects the deal to close in the second quarter of fiscal 2006.

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