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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
- UK DIRECTOR DEALINGS SUMMARY: Sales At YouGov, Learning Tech, Frontier
1 May 2020 - Frontier inks deal with Games Workshop, sees uptick in demand
1 May 2020 - UK TRADING UPDATE SUMMARY: Avacta, Genedrive Progress With Virus Tests
1 May 2020 - Thursday broker round-up
2 Apr 2020 - Frontier Developments signs exclusive deal with Formula One
10 Mar 2020 - Frontier Developments Inks Deal For New Formula One Games
10 Mar 2020 - Friday broker round-up
14 Feb 2020 - Tuesday broker round up
11 Feb 2020
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