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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 unveils X-men and Pirates authors book deal
1 Apr 2014 - Frontier Developments Launches Next Phase Of Game To Backers
14 Mar 2014 - Frontier Developments Signs Development Agreements For Two New Games
20 Feb 2014 - Frontier Developments reports fall in half-year revenue
12 Feb 2014 - Frontier Developments Swings To Pretax Loss As It Continues Transition
12 Feb 2014 - UK MORNING BRIEFING: Telecity Drops 13% As Market Awaits BOE
12 Feb 2014 - Frontier Developments Takes Another Step From Games To Technology
21 Nov 2013 - AIM IN BRIEF: M&C Saatchi Confirms Talks With Publicis On Walker Media
21 Nov 2013
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