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Wile Coyote
Registered: Mar 2004
Posts: 642 |
Commodore establishes partnership worth 18 million
heh, Commodore are Back! all be it on the mobile front
New deal with The Content Factory officially completes
The Commodore International Corporation has finalised a partnership agreement with The Content Factory in a deal worth an estimated EURO 18 million.
The Commodore Gaming licensing agreement, which was first announced last September, sees CIC holding 49 per cent of shares in the new initiative. A EURO 12 million cash payment will be made over five years, and a further EURO 6 million will be made in shares. CIC's first payment of cash and shares amounts to EURO 7 million.
Commodore Gaming is aiming to become "a major worldwide player" in the mobile games and entertainment market, with plans to "actively identify and pursue" mergers and acquisition targets. CIC forecasts that the new venture will have a "strong impact" on its financial results.
"Gaming is one of Commodore's key historic competences, and the conclusion of this agreement emphasises Commodore's strategy to build on the strengths of the rich Commodore heritage," commented CIC president and CEO Ben van Wijhe.
"Now that the license agreement is concluded, Commodore Gaming will continue to create new types of game experiences and interactions."
http://www.gamesindustry.biz/content_page.php?aid=17662
The C= logo has gone italic |
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T.M.R
Account closed
Registered: Dec 2001
Posts: 749 |
"Gaming is one of Commodore's key historic competences"... what a load of bollocks! Shows it was written by a PR man and not someone who actually knows Commodore built the hardware and let everyone else write the software!
As for the logo, it did that ages ago and comes up like that when the C64DTV boots... |
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hollowman
Registered: Dec 2001
Posts: 474 |
anyone who has ever played cup final or dancing monster knows that gaming is one of Commodore's key historic competences |
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cadaver
Registered: Feb 2002
Posts: 1153 |
and not to forget that they were among world-firsts to foster and support a thriving mod community (see wheelchair football) |
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Graham
Account closed
Registered: Dec 2002
Posts: 990 |
Atleast Commodore delivered one of the best gaming platforms of it's time... And that two times in a row :) |
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Rough
Account closed
Registered: Feb 2002
Posts: 1829 |
I guess you speak of the vic-20 and the c116. |
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Graham
Account closed
Registered: Dec 2002
Posts: 990 |
No I speak about the KIM-1 and PC-10. |
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Rough
Account closed
Registered: Feb 2002
Posts: 1829 |
how I could mix those up!!! |
