- Playside (PLY) teams up with Activision Blizzard under a 10-month contract
- Playside entered a material fixed price work-for-hire, co-development services agreement with Activision, which is considered one of the world’s most successful standalone interactive entertainment companies
- Under the agreement, Playside will provide production, engineering and user interface development service to Activision
- The deal is fixed priced, and milestone based, without revenue share
- Playside is up 11.3 per cent, trading at $1.34 at 11:29 am AEDT
Game developer Playside (PLY) has seen a spike in shares after teaming up with Call of Duty maker Activision Blizzard under a 10-month contract.
Playside entered a material fixed price work-for-hire, co-development services agreement with Activision Blizzard, which is considered one of the world’s most successful standalone interactive entertainment companies.
Under the agreement, Playside will provide production, engineering and user interface development services to Activision across the contract’s ten-month term.
The deal is fixed priced, and milestone-based, without revenue share.
Playside said the deal is part of a long term strategic benefit to Playside and reinforces its credentials as a global premier service provider in the industry.
PlaySide CEO, Gerry Sakkas, said Playside is delighted to secure this contract with Activision Blizzard.
“Their portfolio of titles is a collection of some of the most prominent titles in the industry,” said Mr Sakkas.
“PlaySide is very excited to be working with Activision Blizzard showcasing our AAA game development capabilities and this agreement is further recognition of the progress the Company has made on the global stage.”
Playside was up 11.3 per cent, trading at $1.34 at 11:29 am AEDT.