RPGFan
Connect Technologies Acquires 12% Stake in GameArts
05.12.05 - 10:20 PM

GameArts today announced a cooperation agreement with Connect Technologies. Under this agreement, the latter will provide its mobile platform technology to the makers of Grandia and Lunar and jointly develop new key technologies to be used in the game software market. Furthermore, Connect Technologies has acquired 200 GameArts shares worth 200 million yen ($1.89 million US). Thereby, the company will hold a 11.9% stake in the development studio.

This deal follows similar agreements with Enix (now Square Enix) in 2001 and GungHo Online Entertainment in 2004. Connect Technologies so far has focused exclusively on the development of cellphone applications. One of its three largest shareholders is Bandai Networks.


Back

Chris Winkler





Featured Content
Kingdom Hearts Tribute Album
Kingdom Hearts Tribute Album
Album Review
Life is Strange: Episode 2 Review
Life is Strange:
Episode 2
Review
Pillars of Eternity Hands-On Preview
Pillars of Eternity
Hands-On Preview
Final Fantasy: Record Keeper Review
Final Fantasy: Record Keeper
Review
Game of Thrones Episode 3 Review
Game of Thrones Episode 3
Review
Final Fantasy: Record Keeper Studio Visit
Final Fantasy: Record Keeper
Studio Visit & More
Bloodborne Review
Bloodborne
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Random on iTunes
Rhythm Encounter
Rhythm on iTunes