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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
- AIM WINNERS & LOSERS: musicMagpie flies; video game shares fall
9 Jan 2023 - Frontier Developments shares plunge as annual revenue guidance cut
9 Jan 2023 - Frontier Developments warns on FY revenue, operating profits
9 Jan 2023 - LONDON MARKET OPEN: FTSE 100 hits near four-and-a-half year high
9 Jan 2023 - LONDON BRIEFING: Astra makes USD1.8 billion buy; Keller hit by fraud
9 Jan 2023 - TAKING AIM: Frontier Developments earnings forecasts lifted by Shore
4 Jan 2023 - ShoreCap spies 'interesting entry price' into Frontier Developments, upgrades
4 Jan 2023 - Frontier Development confirms resignation of chair and new appointment
1 Dec 2022
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(Alliance News) - Frontier Developments PLC on Thursday confirmed two changes to its board of directors, following a previous announcement in August.
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