DGAP-News: Idea Fabrik Plc purchases HeroEngine technologies
(firmenpresse) - Idea Fabrik Plc / Miscellaneous
03.08.2010 12:45
Dissemination of a Corporate News, transmitted by
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Idea Fabrik Plc purchases HeroEngine technologies
LONDON : Idea Fabrik Plc. (GB00B61CVK31, TI4.F), a 3D Virtual Worlds
developer, today announced that the company has purchased the HeroEngine
and HeroCloud game development technologies from privately held Simutronics
Corp.
HeroEngine is the world's leading development platform for 3D online worlds
and multiplayer games. Since launching in 2006 HeroEngine has been
licensed to dozens of game development firms worldwide for projects such as
the EA/BioWare Star Wars: The Old Republic game and Enne's virtual world
project for teaching Spanish. The HeroCloud service makes the powerful
HeroEngine development technology available in the internet cloud,
dramatically lowering cost for small developers while offering additional
services like hosting, billing, and network operations.
Alex Shalash, company's Chairman, said 'We are very pleased to announce the
acquisition of HeroEngine assets. We have hired the staff of Simutronics
that was associated with the development and support of
HeroEngine/HeroCloud and taken steps to ensure a seamless transition of
operations.'
Shalash added, 'We intend to invest additional resources to make these
already great products even better. And we see strong potential in
combining Hero team's technology expertise with Idea Fabrik's game
development teams in the US and Ukraine to deliver the most engaging gaming
and social networking experience to the rapidly growing internet and social
gaming industry.'
Said Neil Harris, former president of HeroEngine at Simutronics and now COO
of Idea Fabrik, 'When we met the Idea Fabrik team it was clear that our
long-term goals were in perfect sync. By combining our businesses we can
realize our ambitious goals for bringing 3D gaming and virtual worlds to
the next generation.'
Financial details of the transaction were not disclosed.
About Idea Fabrik Plc
Idea Fabrik is a product development company that intends, through internal
development and targeted acquisitions, to bring to market immersive 3-D
virtual worlds that will provide consumer entertainment experiences that
combine multiplayer gaming, virtual worlds, and social networking element.
Our worlds will be easy to navigate, experience, and understand -
delivering exciting new frontiers for the full-spectrum of both experienced
and casual consumers of Internet gaming, entertainment and social
interaction. For additional information please visit www.ideafabrik.de.
Safe Harbor: Statements contained in this news release, other than those
identifying historical facts, constitute 'forward-looking statements'. Such
forward-looking statements relating to the Company's future expectations,
including but not limited to revenues and earnings, technology efficacy,
strategies and plans, are subject to safe harbors protection. Actual
Company results and performance may be materially different from any future
results, performance, strategies, plans, or achievements that may be
expressed or implied by any such forward-looking statements. The Company
disclaims any obligation to update or revise any forward-looking
statements.
Contacts:
Idea Fabrik Plc
Quadrant House Floor 4
Thomas More Square
London E1W 1YW
United Kingdom
ir(at)ideafabrik.de
03.08.2010 12:45 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Datum: 03.08.2010 - 12:45 Uhr
Sprache: Deutsch
News-ID 31871
Anzahl Zeichen: 0
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Kategorie:
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