The story
Founded by Eric Caen and Hervé Caen in 1985.1
Founding and early years
The company was founded by brothers Eric Caen and Hervé Caen in France in 1985. In 1991, Titus purchased Palace Software, the gaming division of the Palace Group. In 1998, the company purchased the developers BlueSky Software and Digital Integration Ltd.
Interplay Entertainment partnership and distribution agreements (1999–2002)
In late 1999, the company acquired shares in struggling publisher Interplay Entertainment, including a stake in publisher/distributor Virgin Interactive.
Throughout the next few years, Titus signed North American distribution deals with smaller publishers. They signed a deal with Cryo Interactive in March 2000, with Rage Software in September 2000, and Microids in May 2001. In 2002, Titus Japan K.K. signed a similar distribution deal with Konami for Japan.
In August 2000, it signed a deal with Viacom Consumer Products to publish games based on the Top Gun franchise.
In August 2001, Titus took the control of Interplay. However prior to this, Titus took over distributing its own titles in the North American market as well as Virgin's from them.
Closure
In June 2004, Titus filed for bankruptcy, declaring an unseeable future for Interplay. On 9 January 2005, a French district commercial court declared Titus bankrupt with a €33 million (US$43.8 million) debt. Titus' French subsidiaries were later closed down, while their assets were soon purchased by Interplay.
From Wikipedia’s article on Titus Interactive, shared under CC BY-SA 4.0.4