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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
- Frontier Developments Extends Existing Contract With Games Publisher
19 May 2014 - DIRECTOR DEALINGS: Frontier Developments Chairman Buys 17,000 Shares
17 Apr 2014 - DIRECTOR DEALINGS: Frontier Developments Chairman Buys Shares
17 Apr 2014 - Frontier Developments set to acquire PPA
16 Apr 2014 - DIRECTOR DEALINGS: Frontier Development Chief Executive Sells Shares
16 Apr 2014 - Frontier Development To Acquire Software And IT Consultancy
16 Apr 2014 - Frontier Developments Begin Roll-Out Of 'Elite: Dangerous' Beta Version
10 Apr 2014 - Frontier Developments Inks 3 Book Deal For 'Elite: Dangerous' Novels
1 Apr 2014
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