The story
The company was founded in 1984 by Marc Ullrich and Thomas Meiertoberens and acquired by Rushware in 1986. The company's decline began in the early 1990s: The distributor did not manage to cover the costs of selling the titles worldwide, while development costs were constantly rising. The Rainbow Arts name lost its notoriety since then. The parent companies Rushware and Softgold were in turn bought up by the American games manufacturer THQ in 1999. In 1999, Funsoft Holding, which acquired Rushware and sister company Softgold in 1992, sold Rushware to THQ, which was incorporated into THQ Deutschland, THQ's German operations arm.
Rainbow Arts also led one of the first lawsuits in 1993 on the question whether competition exists between a software company and a bulletin board system of similar name ("Rainbow BBS") operated by a student, so that claims under trademark law are enforceable. This was confirmed by the Munich District Court.
In January 2022, Ziggurat Interactive acquired more than 80 titles from Rainbow Arts.
From Wikipedia’s article on Rainbow Arts, shared under CC BY-SA 4.0.3