called silverrock productions industry interactive entertainment fate purchased successor nds denmark founded 1988 1988 founder ivan s lvason defunct 2006 2006 headquarters copenhagen denmark products video games website web.archive.org web 20130728125037 http www.ite.dk interactive television entertainment ite was a copenhagen based danish company founded in 1988 as silverrock productions and renamed to ite in 1992 . it was best known for developing and producing the hugo media franchise . history edit the company was founded by ivan s lvason in 1988 . 1 it was renamed as interactive television entertainment in 1992 following the launch of the first hugo tv show in 1990 2 which was created together with niels krogh mortensen . 3 in 1998 ite media game development and publishing company was founded for the hugo video game series . 2 besides its successful hugo shows the company s television products included the motion capture system animation mask system ams developed in 1993 and the programs crazy cartoon soccer 1995 the interactive cartoon show 1998 stinky & stomper throut & neck 1998 sporty and tush tush . 4 5 ite opened overseas offices in los angeles in 1997 in tokyo in 1998 and in london in 1999 . 6 by 2005 ite was regarded as one of denmark s five largest video game developers . 7 in 2000 ite had net sales of dkk 66 million . 8 the company released over 190 video games 9 selling more than six million copies . 10 in 2002 s lvason was forced to sell all of ite to the venture capital company olicom a s for only dkk 5 million 11 12 having lost an earlier offer of dkk 80 million in 2000 due to a 10 minute fax delay by adviser arthur andersen corporate finance division ; 13 14 olicom had already owned 50 % shares in ite since 2001 acquired for dkk10 million . 8 olicom then invested 22 million into the company 15 reduced the staff of ite by a third to 60 employees and attempted to expand more into the u.s. uk and asian markets . 16 olicom in turn sold ite in 2006 by then staffed by only 35 employees 17 ite was purchased by nds group for an undisclosed sum and became nds denmark ; 18 19 nds denmark closed down in 2010 . 20 ite s last ceos were steen lohse between january august 2006 and jesper knutsson after him . 2 references edit ite interactive television entertainment games ign . uk.ign.com . retrieved 2013 08 03 . a b c german firma historie hugo troll.de jacob andersen . hugos far bortadopterer tv trolden computerworld in danish . computerworld.dk . retrieved 2013 08 03 . 1 interactive television entertainment the interactive cartoon show crazy cartoon soccer hugo safari throut and neck . itvdictionary.com . retrieved 2013 08 03 . 7 may 1999 1999 05 07 . ite opens london office to boost its format sales news broadcast . broadcastnow.co.uk . retrieved 2013 08 03 . 2 a b olicom acquires interest in interactive television entertainment aps pink sheets olcmf . globenewswire.com . retrieved 2013 08 03 . 3 4 danish hugos far er umulig at sl ud erhvervsbladet.dk 5 september 2007 . danish reuters olicom tredoblede tab efter nedskrivning p portef lje euroinvestor.com 28 08 2002 . danish hugo s far s lger millionvillaen tv 2 finans 4 06 11 . danish forsinket fax kostede hugo skaber dyrt daily rush 11 december 2001 . danish hugos far bortadopterer tv trolden comon 16 july 2002 . danish s ren dietrichsen tv trolden hugo p nye eventyr i usa erhvervsbladet.dk 4 september 2002 danish s ren dietrichsen tv trold overlever turbulent ejerskifte erhvervsbladet.dk 26 june 2006 . updates news corp. acquire danish developer . gamasutra . 2006 10 02 . retrieved 2013 08 03 . nds acquires danish game design company ite pressebox 02.10.2006 danish reuters stort spilfirma drejer n glen om i danmark tv 2 finans 19 11 10 . external links edit official website archived interactive television entertainment on facebook reunion v t e hugo media franchise media game show jungle island video games games hugo series hugo gb jungle island quest for the sunstones black diamond fever the evil mirror cannon cruise retro mania troll race retrieved from https en.wikipedia.org w index.php title interactive television entertainment & oldid 731714197 categories defunct media companiesdefunct video game companiesvideo game companies of denmarkmedia companies based in copenhagenmedia companies established in 1988video game companies established in 1988media companies disestablished in 2006video game companies disestablished in 2006hidden categories articles with german language external linkscs1 danish language sources da articles with danish language external links navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 27 july 2016 at 02 01 . text is available under the creative commons attribution sharealike license ; 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