There was a lot of speculation that Hot Topic was in the running to acquire ThinkGeek and it's parent subsidiary Geeknet, Inc. The actual buyer was actually GameStop. This is interesting as GameStop has been struggling to stay relevant in the world of DLC. Maybe this will help them keep their brick-and-mortar stores open, but this could actually be the end of ThinkGeek. Hopefully both survive and thrive.
Paul Raines, chief executive officer of GameStop, stated, “This acquisition creates value to all stakeholders involved. The addition of Geeknet is an important expansion of our global multi channel platform and we are excited to leverage their product development expertise to broaden our product offering in the fast-growing collectibles category and deepen relationships with our existing customer base.”