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Intraday Frontier Dev Share Chart
Frontier Developments Inks IP Licence Deal For Game Development
LONDON (Alliance News) - Video game developer Frontier Developments PLC on Wednesday said it signed a "major" global IP licence to develop and publish a game.
The company said it expects the game development cycle to take around two years, which it targets to start later in 2019.
The licence agreement entitles Frontier to develop and publish the unnamed game, together with subsequent associated paid downloadable content, on both PC and console.
"We are delighted to confirm that one of our future releases will benefit from a major global IP licence. We are excited about our existing franchises and our future portfolio. We will continue to love, support and enhance our existing game franchises as we build new ones," Chief Executive Officer David Braben said.
Frontier Developments shares were trading up 2.3% at 968.00 pence each on Wednesday.
Latest FDEV News
- Frontier Developments cheers strong first half
19 Jan 2023 - Frontier Developments shares up on swing to interim profit
19 Jan 2023 - UK earnings, trading statements calendar - next 7 days
12 Jan 2023 - Numis cuts Frontier Developments to 'sell', sees risk of capital raise
11 Jan 2023 - LONDON BROKER RATINGS: Citi cuts Frontier Developments; BofA ups Sage
11 Jan 2023 - Berenberg downgrades Frontier Developments to 'hold', slashes target price
11 Jan 2023 - LONDON MARKET CLOSE: Stocks up on China positivity, Fed hike hopes
9 Jan 2023 - LONDON MARKET MIDDAY: FTSE 100 slips back after morning leap
9 Jan 2023
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