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: GamePolitics.comEmergent Selling Middleware Assets
By james_fudge
Middleware maker Emergent is unloading many of its core assets to pay down debt. The company is reportedly selling its Gamebryo Lightspeed engine and other assets to pay back a key investor Venture Lending and Leasing V, who in the past loaned the company $4 million USD. Gerbsman Partners is handling the sale of the assets. According to the liquidation firm's documents, Emergent has posted losses for the last four years, despite revenues of $12.2 last year.
Emergent's technologies have been used to develop many AAA titles such as Fallout 3, Fallout: New Vegas, Civilization Revolution, Bully: Scholarship Edition, Dark Age of Camelot, The Elder Scrolls IV: Oblivion, Sid Meier's Civilization IV, Sid Meier's Pirates!, and Warhammer Online . To date, Emergent's game middleware solutions have been used by 350 games. More than 100 are apparently on the way no matter what happens to the company's assets. Read More
Full post as published by GamePolitics.com on November 15, 2010 (boomark / email).
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