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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
- Frontier continues transition to self-published developer
10 Feb 2016 - Frontier Developments Swings To Profit On 'Elite Dangerous' Sales
10 Feb 2016 - Frontier Developments Revenue Boosted By Elite Dangerous Franchise
14 Jan 2016 - Frontier Developments Launches Elite Dangerous: Horizons Pack
16 Dec 2015 - DIRECTOR DEALINGS SUMMARY: Frontier Developments Founder Sells 750,000
26 Nov 2015 - DIRECTOR DEALINGS: Frontier Developments Chief Sells 750,000 Shares
25 Nov 2015 - SIG executives stump up cash to back company
26 Oct 2015 - AGM, EGM Calendar - Week Ahead
13 Oct 2015
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