In 1993, Spectrum HoloByte acquired MicroProse. For the following years, games from both companies were published under their respective brands, but in 1996 all titles were consolidated under the MicroProse brand.
The merged company was acquired by Hasbro Interactive in 1998, and what had been Spectrum HoloByte ceased to exist when the development studio in Alameda was closed in 1998. Hasbro subsequently sold all the assets of the various Hasbro Interactive studios to Infogrames, now Atari.
The chairman of Spectrum HoloByte, Gilman Louie, also founded Nexa Corporation, a developer of entertainment software, which went on to merge with Spectrum HoloByte.