- Jack Tretton, the former CEO of Sony Group Corp's SONY Sony Computer Entertainment America, led a $225 million special-purpose acquisition company (SPAC) pursuing a deal in the video game industry.
- Tretton is known for making the PlayStation a popular gaming console.
- Tretton is now the CEO of PowerUp Acquisition Corp.
- PowerUp looks to acquire a company in the interactive media space that focuses on video games but is open to choosing a company in any industry.
- Bruce Hack serves as PowerUp's Executive Chairman. Hack was a director then chairman of Technicolor SA from 2010 to 2019. Hack has held the roles of Vivendi SE VIVEF VIVHY, Vivendi Games' CEO, and Activision Blizzard Inc ATVI Vice Chairman.
- Price Action: SONY shares traded lower by 0.39% at $125.43 in the premarket session on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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