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UTV
acquires majority stake in US-based True Games Interactive
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BY
ANIMATIONXPRESS.COM TEAM
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UTV Interactive, the gaming arm
of UTV Software Communications Limited has acquired 80 per cent
stake in US-based online game publishing start-up True Games Interactive.
In the past 18 months, the company
has acquired UK-based console developer, Ignition Entertainment
Ltd and mobile gaming company Indiagames. With this recent acquisition
UTV achieves presence across all platforms of gaming: console,
online and mobile.
UTV Interactive CEO Preneet Malhotra
said, "Online gaming is the platform of the future once broadband
penetration reaches across world markets. While this phenomenon
is led by Asia, it has started gaining traction in the West as
well. The True Games acquisition gives UTV not only presence in
the international online gaming space, both in content creation
and publishing but is also a major step towards achieving UTV's
360 degree gaming vision."
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"Program
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Maya
Academy of Advanced Cinematics (MAAC)
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True Games has a model that's focussed
on the online the Multiplayer Online Game Model. In addition,
the True Games business model includes group content and publishing
expertise in emerging markets like Turkey and India, among others,
in the future.
"The benefits and opportunities
that come with joining the growing UTV Interactive family are
endless," said True Games Interactive CEO Bob Drobish. "With
this partnership we have not only received financial backing,
but have also joined a group that offers vast expertise and experience
in many areas of entertainment."
Founded in January 2008, True Games
Interactive is located in California, US. The company publishes
international multi-player online games through development, aggregation,
licensing, publishing and distribution throughout world markets.
It was founded by a core team of MMO industry veterans with extensive
experience in publishing and operating online games.
True Games brings new and innovative
development ideas online, delivers them with a state-of-the-art
game platform, and leverages micro-transaction revenue models.
The company is working with world-class publishers to license
existing online titles and world-class developers to create games
exclusively for online play, including a deal with Petroglyph,
the award-winning development team best known for its Star
Wars: Empire At War and Universe at War series, with
members also playing a key role in creating the original Command
and Conquer series. True Games Interactive plans to release
its first title in the third quarter of 2008.
connect@animationxpress.com
Related
Stories:
UTV
to invest USD 75 million in gaming business, announces Q1 results
UTV
acquisition of controlling stake in Indiagames attains financial
closure
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Recruitment Classifieds
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Redchillies.vfx
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Recent Projects: OM SHANTI OM, CHAKDE INDIA, & DON Apply on
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applied for in Subject of the mail) |
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Badmash
Studios is looking for talented animators and artists
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BIG
Animation (I) Pvt. Ltd. An award winning animated
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We offer a great deal of creative opportunity for
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come join our winning team. |
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Paprikaas
Interactive Services Pvt. Ltd. Paprikaas Interactive
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Maya
Entertainment Ltd. is hiring senior and mid-level
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ANTS
STUDIO PVT LTD., Leading Animation Training
Institute in India, having centers across the
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Technical
Executive - 2D (Classical Animation & Preferably
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Technical
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Are
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Email: info@aag.co.in
URL:www.aag.co.in
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Maac
Junior-Toon Club, India's leading animation learning
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Pixion
a 100% susbsidiary of Century Communication Ltd,
one of the fastest growing entertainment services
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Apart
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SA
Limited, creators of India’s first-ever full-length
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Visitor
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India's largest Digital Media training college ICAT
invites outstanding professionals from Animation,
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We
also have opening for full time position as Faculty
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Programming
For
further details please visit www.icat.ac.in/jobs.asp
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*Rhythm
& Hues Studios India* is recruiting Compositors
and 3D Texture Artists to work on various
high-end Hollywood feature films at their Mumbai
and Hyderabad studios. Artists at R&H India are
fully integrated with the overall production process
and contribute to all stages of the animation
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Compositors
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For
more details Click
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Bored?
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Blowfish
FX, is hiring 3D animators, riggers, lighting
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We're
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To
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positions available, check http://www.blowfishfx.com/htmlsite/jobapp.html.
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Is looking for:
Traditional
2D Artists and 2D Digital Animator's - With
more than 2 years of Production experience.
3D Artists (Modeler's,
Rigger's and Animator's) - With 3-7 years
of Production experience.
Job Location-
Bangalore
Mail us at: saams@scmsgroup.org
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SOURCE ANIMATION
is a fast growing Mumbai based animation studio
(Flash/3D), focused on international assignments.
We are hiring self motivated and highly creative
Senior and Mid-level Flash Character Animators,
Story board and BG artists for our international
flash animation and e-learning projects.
We also welcome
talented writers (on project basis) to
develop TV content for kids.
Please e-mail your
CV to hr@sourceofindia.com
(superscribe relevant post in the subject). Our
url: www.sourceofindia.com
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Animation
Xpress.com is looking for Web Designers,
Journalists and Marketing Professionals. To know
more click
here |
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