If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Frontier buys Elite rights from IT firm, Braben to sell 1.6 million shares in company

Frontier Developments has acquired software and IT consultancy firm Professional Practice Automation. The deal is said to be worth £5.09 million, and includes the rights to the Elite franchise.

Frontier founder David Braben plans to sell 1.6 million shares in Frontier Developments, or 5% of the company. The deal was made on Tuesday, April 15 and along with the rights to Elite, Braben now has the rights to the IT consultancy firm's software which is used in various accountancy firms in the UK. Frontier's latest title, Elite: Dangerous, launches sometime in 2014. Develop has more on the story. Thanks, Blue.

About the Author

Stephany Nunneley avatar

Stephany Nunneley

News Editor

Half-blind/half-dyslexic, bad typist, wine enthusiast, humanitarian, intellectual savant, idiot savior, lover of all things nonsensical, animal hoarder and highly sarcastic.

Support VG247

You give us money, we give you an ad-free reading experience, merch discounts, a newsletter every month, and elite status amongst your friends.

See more information

More News

Latest Articles

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 Merch