Starbreeze AB : Starbreeze completes Valhalla acquisition
(Thomson Reuters ONE) -
Press Release July 16, 2015
Starbreeze AB, a Swedish independent creator, publisher and distributor of high
quality entertainment products, today announced its completion of the Valhalla
acquisition, a next generation game engine under development with its related
technology and tools, by issuing 1.665 million A-shares and 3.33 million B-
shares.
Starbreeze announced the acquisition May 28, 2015 and an extra general meeting
approved it on June 12, 2015. The new shares have now been subscribed for by
Valhalla IP Lux S.a r.l, and will indirectly be held by Mr Emmanuel Marquez
(5/6), a key employee of Starbreeze, and Mr Remi Arnaud (1/6), a regular
consultant to Starbreeze.
The shares issued represent approximately 2.2% of shares and 0.4% of votes.
After the issue, the total number of A-shares and B-shares in Starbreeze is
74 057 662 and 155,215,914 respectively.
Valhalla represents the next generation with a true browser based AAA game
engine. Valhalla's graphic cloud engine will revolutionize the art pipeline by
providing an integrated development environment for rapid and creative game
development across multiple studios and teams. Valhalla supports not only 3D but
is fully virtual reality (VR) ready, and proofed on several headsets currently
on the market. Starbreeze intends to use the Valhalla engine in OVERKILL's The
Walking Dead and Storm, as well as in other future games and applications.
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For more information, please contact:
Starbreeze Investor Relations Contact: Maeva Sponbergs, +46 (0)8 209 208 or
ir(at)starbreeze.com
About Starbreeze
Starbreeze is an independent creator, publisher and distributor of high quality
entertainment products, headquartered in Stockholm, Sweden. At Starbreeze, we
create games by our own design and through licensed content, establishing
franchises that can live and prosper outside the game itself. We live and die by
gameplay.
Starbreeze is pioneering digital self-publishing, currently hosting one of the
largest community groups on the digital distribution platform Steam.
Starbreeze's most recent products include PAYDAY 2, our adrenaline fuelled bank
robbing co-op game and the critically acclaimed Brothers - A Tale of Two Sons.
Starbreeze AB is publicly traded on Nasdaq Stockholm First North Premier under
the ticker STAR and the ISIN code: SE0005992831. Remium Nordic is the company
Certified Adviser. Starbreeze brands include OVERKILL Software and the PAYDAY
series.
For more information, please visit http://www.starbreeze.com.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Starbreeze AB via GlobeNewswire
[HUG#1939466]
Unternehmensinformation / Kurzprofil:
Datum: 16.07.2015 - 20:30 Uhr
Sprache: Deutsch
News-ID 407501
Anzahl Zeichen: 3407
contact information:
Town:
Stockholm
Kategorie:
Business News
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