Infogrames snaps up digital games

Hasbro owns many of the world's best known games

French video games publisher Infogrames is to gain the digital rights to games such as Monopoly and toys such as Action Man as part of an $100m deal with Hasbro.

Struggling toy maker Hasbro is selling its Hasbro Interactive and Games.com units to French entertainment Infogrames Entertainment.

At the same time as announcing the deal on Wednesday, it also warned that profits would be sharply lower than expected and that it might record a loss for the full year.

The deal also included the long-term licensing rights to develop and publish digital interactive games based on current and future Hasbro properties on all existing and future digital interactive formats.

Hasbro's games and toys include Monopoly, Scrabble (in the US), Risk and Boggle.

Its stable also include My Little Pony, Tonka Trucks, Action Man and Dungeons and Dragons.

The agreements are subject to the approval of the shareholders of Infogrames, regulatory approval and other customary closing conditions.

The Hasbro interactive purchase gives Infogrames titles such as Roller Coaster Tycoon, the Atari name and properties such as Centipede and Missile Command.

The companies expect the deal to be completed early next year.