Frontier Dev Share News (FDEV)

Frontier Dev Information

Share Price Information for Frontier Dev (FDEV)

Share Price is delayed by 15 minutes

Get Live Data

432.00 -44.00 (-9.24%)

Bid:

435.00

Ask:

436.50

Spread: 1.50 (0.345%)

Market Cap: £150.05m

Last checked at -

Intraday Frontier Dev Share Chart

REMOVE ADS

Frontier Developments Inks IP Licence Deal For Game Development

Wed, 06th Mar 2019 13:26

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.