Activision Acquires Beenox
Developer of Fantastic 4 Bought Out
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Beenox, the PC developer behind Shrek 2, Tony Hawk's Pro Skater 4 as well as the upcoming Fantastic 4 video game has been acquired by long time partner, Activision. The deal comes as the third such purchase by Activision this year in an attempt to gain more talent. Earlier this year Activision purchased Toys for Bob and Vicarious Visions.
" We are excited about the talent and experience that Beenox brings to Activision," said Kathy Vrabeck, president of Activision Publishing. "Beenox’s extensive porting background will be a key component of our console transition strategy by allowing us to focus our resources on next-generation technologies while continuing to develop games for current-generation systems. Quebec’s expanding innovative talent pool will provide Activision with future growth opportunities."
"We are thrilled to partner with Activision and believe that this acquisition is a perfect fit for both companies," added Dee Brown, president and CEO of Beenox. "In particular, it will allow Beenox to continue to develop high-quality titles based on well-established brands."
Source: Press Release
" We are excited about the talent and experience that Beenox brings to Activision," said Kathy Vrabeck, president of Activision Publishing. "Beenox’s extensive porting background will be a key component of our console transition strategy by allowing us to focus our resources on next-generation technologies while continuing to develop games for current-generation systems. Quebec’s expanding innovative talent pool will provide Activision with future growth opportunities."
"We are thrilled to partner with Activision and believe that this acquisition is a perfect fit for both companies," added Dee Brown, president and CEO of Beenox. "In particular, it will allow Beenox to continue to develop high-quality titles based on well-established brands."
Source: Press Release