Games

Climax is Not for Sale

Acquisition rumors shot down by Climax boss

By Calin Ciabai, Games Editor

20th of December 2007, 11:52 GMT

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Karl Jeffery, the Climax boss, has denied the rumors regarding the company's acquisition by the German developers 10tacle Studios in 2008. Earlier this year, 10tacle's CEO, Michele Pes, said that the company would like to acquire 29% of Climax's

actions.

"The agreed cooperation of our companies will form one of the biggest independent development partnerships worldwide for next-gen, PC, video and online entertainment," commented Michele Pes, back in August.

However, after 10tacle has bought the Hungarian team Stormregion (the ones responsible for Codename Panzers) and The Gaming Company, Karl Jeffery decided to break the silence and deny the rumors linking his company with 10tacle Studios.

"The 29 per cent rumour was all based on as press release 10tacle did earlier in the year which was factually wrong and not approved by Climax. I own 100 per cent of Climax, I have not sold or agreed to sell a single share to 10tacle or anyone else", Jeffery said.

Just like 10tacle, Climax isn't new to this buying and selling process - they sold to Disney, back in 2006, their team responsible for HQ's MotoGP and Sony's ATV games. However, they still kept a steady position as game developers, with some successful releases, like Silent Hill: Origins for Konami and the PC port of Viva Pi�ata for Microsoft.

The Games Company - the latest unit bought by 10tacle, was created in 2006 from a merger of German development studio Silver Style Entertainment and a group of developers centered around co-founder Markus Malti. Silver Style created games like Soldiers of Anarchy, The Fall - Last Days of Gaia, and Simon the Sorcerer: Chaos Happens.

Of course we will eventually see the outcome of this story and find out which of these companies was right. As a side note, it's good to remember what 10tacle Studios said when they acquired Stormregion: "Our goal is to become the market leader among independent development studios". So they have their plans.

TAGS:

Climax | 10tacle Studios | The Games Company | acquisition

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