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Frontier Developments Signs Development Agreements For Two New Games
LONDON (Alliance News) - Frontier Developments PLC said Thursday that it had signed two development agreements with a new publishing partner for a combined value of GBP3.75 million.
Under the agreements, Frontier will develop two original games using its Cobra technology system.
"These contracts acknowledge Frontier's qualities and adds two exciting new games to our project roster, both of which were ideas generated through our company-wide 'Game of the Week' incubation programme," said Chief Executive Officer David Braben in a statement.
Shares in Frontier were trading up 5.8% at 193.00 pence Thursday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright © 2014 Alliance News Limited. All Rights Reserved.
Latest FDEV News
- Thursday broker round-up
10 Sep 2020 - Frontier Developments "Future Looks Bright" Despite Annual Profit Fall
9 Sep 2020 - Frontier Developments FY profits slide on softened revenues
9 Sep 2020 - UK Earnings, Trading Statements Calendar - Next 7 Days
2 Sep 2020 - Friday broker round-up
28 Aug 2020 - UK WINNERS & LOSERS SUMMARY: Amigo Rises 18% Amid Battle With Founder
28 Aug 2020 - Frontier Developments Annual Outlook Confident On New Releases
28 Aug 2020 - Frontier Developments trades in line, expects FY revenue growth
28 Aug 2020
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