Days after a rumor circulated that home arcade machine maker Arcade1Up would be shutting down, the company has finally shared a statement about its future. "Select assets" from Arcade1Up have been acquired by toy company Basic Fun, and although Arcade1Up isn't dead, what's next for the bran d is still a little murky. Last week, a screenshot of an email appearing to be sent from an Arcade1Up staffer painted a grim picture. As stated in the email, which you can see on Reddit: Arcade1Up is closing operations. For the majority of us, our last day is this coming Friday. I cannot speak to the future of the brand, it is not my place to share w … Read the full story at The Verge. ...read more read less