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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
- DIRECTOR DEALINGS: Saga chair ups stake to 27.5%; Metlen chief buys
30 Sep 2025 - IN BRIEF: Frontier Developments founder sells more shares in buyback
26 Sep 2025 - DIRECTOR DEALINGS: PureTech Health team buy GBP300,000 in shares
24 Sep 2025 - Director dealings: Frontier founder trims holding
23 Sep 2025 - DIRECTOR DEALINGS: BP and Next non-executives buy shares
19 Sep 2025 - Director dealings: Fevertree non-exec invests, Frontier Developments founder joins buyback
12 Sep 2025 - LONDON BROKER RATINGS: Compass raised; Hays and Ashtead cut
11 Sep 2025 - EARNINGS: Frontier Developments swings to profit on "strong trading"
10 Sep 2025
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