Frontier Developments: Difference between revisions
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[[File:Frontier-Logo-transparent.png|300px|thumb|Frontier Developments logo]] | [[File:Frontier-Logo-transparent.png|300px|thumb|Frontier Developments logo]] | ||
'''[http://www.frontier.co.uk/ Frontier Developments]''' is a British video game developer based in Cambridge, England. David Braben is the founder and CEO. They made several games in the [[:Category:Elite series|Elite series]] such as the space epic [[Elite Dangerous]] and many other games like [https://planetcoaster.com Planet Coaster], RollerCoaster Tycoon 2 & 3 and LostWinds. Frontier Developments is also called Frontier or Fdev. Frontier had around 300 full-time employees in 2016.<ref>https://www.frontier.co.uk/investor_relations/</ref> | |||
== About Frontier Developments == | |||
[[File:David-Braben-Elite-Frontier.png|thumb|200px|David Braben is the founder and CEO of Frontier Developments and co-creator of the Elite series.]] | |||
''Frontier was founded in 1994 by David Braben, co-author of the seminal "[[Elite]]", to carry forward his groundbreaking work and development ethos into projects with a scale and ambition that only teams of skilled professionals can tackle.''<ref>http://www.frontier.co.uk/</ref> | |||
''David plays a very active role in the company. With a talented team of developers and experienced managers he has helped Frontier successfully to navigate three exciting decades of the ever-changing technology landscape of mass-market gaming platforms and overseen Frontier's emergence as one of the worldwide games industry's leading independent developers.'' | |||
''Frontier’s development strengths are immersive, fun gameplay design and unparalleled artistic quality underpinned and enabled by cutting-edge technology development and a talent for getting the best out of hardware and UI.'' | |||
== Growth == | |||
On July 28th 2017, the Chinese investment holding company [https://en.wikipedia.org/wiki/Tencent Tencent] acquired a 9% stake in Frontier Developments, in a deal worth £17.7 million. Tencent has purchased 3.37 million newly issued ordinary shares, which will be admitted for trading on the AIM Stock Exchange. The market cap (valuation) of Frontier Developments stood at £209 million.<ref>http://www.gamesindustry.biz/articles/2017-07-28-tencent-buys-9-percent-of-frontier-developments</ref> | |||
Community manager Edward Lewis clarified ''"David still owns the majority of the company. The direction and operation of the business remains exactly the same. I'm not a finance/shares expert by any means, but I just wanted to step in and say that I know the above for certain, because I asked."<ref>https://www.reddit.com/r/EliteDangerous/comments/6q2ssj/tencent_buys_9_of_frontier_developments_worth_177/dkvp31z/?context=10000</ref>'' | |||
==Elite Series== | ==Elite Series== | ||