Mon, Apr 05, 2010 | 14:40 BST
Indian games firm gets 50% stake in Codemasters
Indian firm Reliance Big Entertainment has bought a 50 percent stake in Codemasters.
Its gaming arm, Zapak Digital Entertainment, will overlook the investment.
“The opportunities arising from this partnership are truly exciting. This is great news for our development and publishing teams,” said Codemasters CEO Rod Cousens.
“Reliance and Zapak have immense resources and will help us realize the full potential of our game coding and online excellence across so many platforms, and especially in the world’s fastest growing markets. The future of Codemasters has never looked brighter. It’s a whole new game!”
Only back in January, the firm was rumoured to get new investors, although it was not announced who was potentially in the running at the time.
The firm also announced its most recent expansion in Guildford, headed up by Black producer Stuart Black. The studio’s currently making FPS Bodycount, which will release early next year for PS3, 360 and PC.
It’s current line-up for this year includes International Cricket 2010 and F1 2010.
It also just announced recently DiRT 3 is in development.