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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
- LONDON BROKER RATINGS: UBS raises Quilter to 'buy' from 'neutral'
12 Jun 2025 - Frontier Developments cheers growing momentum of full-year sales boost
11 Jun 2025 - AIM WINNERS & LOSERS: Malvern division hit by China slowdown
11 Jun 2025 - UK earnings, trading statements calendar - next 7 days
4 Jun 2025 - Frontier Developments says annual revenue to beat consensus
28 May 2025 - AIM WINNERS & LOSERS: Frontier Developments revenue to beat consensus
28 May 2025 - Frontier Developments revenue set to beat analyst expectations
28 May 2025 - LONDON MARKET OPEN: London green as grocery sales rise on warm weather
28 May 2025
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