Frontier Developments: Difference between revisions
Added news about Tencent investment |
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''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.'' | ''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.'' | ||
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.<ref>http://www.gamesindustry.biz/articles/2017-07-28-tencent-buys-9-percent-of-frontier-developments</ref> The market cap (valuation) of Frontier Developments | 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.<ref>http://www.gamesindustry.biz/articles/2017-07-28-tencent-buys-9-percent-of-frontier-developments</ref> 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> | ||
==Elite Series== | ==Elite Series== | ||