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Dhruin
Stranger In A Strange Land
Joined: 20 May 2002
Posts: 1825
Location: Sydney, Australia |
| Funcom Obtains More Funding |
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GameGossip is reporting a <a href="http://www.gamegossip.com/pressrelease.php?id=7308" target="_blank">press release</a> from Funcom that announces new funding to expands their efforts:<blockquote><em>OSLO, Norway--(BUSINESS WIRE)--April 27, 2004--Funcom NV, a leading developer and publisher of computer and console games, announced today that it has secured a EUR 4.5M million equity investment from a consortium of Northzone Ventures (EUR 3.5 million) and existing investors Teknoinvest and Stelt Holding. The investment enables Funcom to further increase the scope and quality of their future Massively Multiplayer Online Games (MMOG), while expanding Funcom's sales and marketing capabilities globally.
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<br>"We have already proven that we are a world leading MMOG developer with Anarchy Online" says Funcom's CEO and President Trond Arne Aas, and continues "Anarchy Online is today a profitable game. The financing from Stelt, Northzone and Teknoinvest will enable us to further increase our investment in the development of the next generation online games and to become even better at what we excel at; creating unique and immersive virtual worlds for a global market of consumers".
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<br>Torleif Ahlsand, Partner in Northzone Ventures and new Chairman of the Board of Directors, said,: "The MMOG genre is currently the fastest growing segment within the expanding gaming industry, and offers several attractive attributes, including the monthly subscription revenue model, a global market potential, expanding demographics and low risk of piracy. We are impressed by the high calibre of the Funcom team, and feel confident in their ability to develop new world-class games".
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<br>Funcom is now developing three MMOG's, one of them being the successful Anarchy Online which is the subject of ongoing development.</em></blockquote> |
Wed Apr 28, 2004 3:34 pm |
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Benedikt
Eager Tradesman
Joined: 07 Feb 2003
Posts: 31
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does it mean they will resurrect Midgaard? 
ben
_________________
"What do you want?"
"I'd like to live just long enough to be there when they cut off your head and stick it on a pike as a warning to the next ten generations that some favors come with too high a price. I'd look up at your lifeless eyes and wave like this. Can you and your associates arrange it for me, Mr. Morden?" |
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Wed Apr 28, 2004 3:35 pm |
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Wolfgarou
Guards Lieutenant
Joined: 29 May 2003
Posts: 163
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quote:
does it mean they will resurrect Midgaard?
Hopefully 
_________________
The world is small, nasty and complicated, and everybody dies alone... - Sam Fisher |
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Wed Apr 28, 2004 3:45 pm |
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Guest
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If I were Funcom, I wouldnt bother with ressurecting Midgaard. There are already a plethora of medieval fantasy based MMOs on the market and more are coming (some with significant name recognition). Personally, I think they would be better off exploring other themed titles such as something set in a less modern/more cyberpunk setting than AO (AO is reminscent more of classic hard scifi) or trying something a bit more zany like steampunk. . |
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Thu Apr 29, 2004 5:12 am |
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