Topic summary
Funimation Entertainment
Extracted from the Wikipedia article Crunchyroll, LLC.
Acquisition by Navarre Corporation
On May 11, 2005, Funimation was acquired by Navarre Corporation for US$100.4 million in cash and 1.8 million shares of Navarre stock. As part of the acquisition, Gen Fukunaga was retained as head of the company, transitioning to the position of CEO, and the company's name was changed from Funimation Productions to Funimation Entertainment. In 2007, Funimation moved from North Richland Hills, Texas to Flower Mound. Funimation moved into the Lakeside Business District with a ten-year lease.