PlaySide will provide co-development services for Activision Blizzard
SYDNEY, AUSTRALIA: PlaySide Studios signed material fixed price work-for-hire co-development services agreement with
Activision Blizzard (NASDAQ: ATVI), one of the world’s most successful interactive
entertainment companies.
Playside will be providing fixed-price co-development services for Activision Blizzard.
The co-development services term of the agreement will be 10 months.
PlaySide CEO Gerry Sakkas said: “The Company is delighted to secure this contract with Activision Blizzard, one of the world’s largest game Developers and Publishers.
Their portfolio of titles is a collection of some of the most prominent titles in the
industry.”
“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”.
This agreement reflects PlaySide’s strategy to target larger contracts with AAA studios and important partners that have strategic significance to PlaySide.
Developing a strong relationship with a major global brand such as Activision Blizzard through quality delivery and partnering is seen as a long term strategic benefit to Playside and reinforces our credentials as a global premier service provider in the industry.
The agreement relates to the provision of co-development services on an existing major title.
The project will have a term of 10 months and is fixed price milestone based without revenue share.
Activision Blizzard, Inc. is one of the world’s most successful standalone interactive entertainment companies.
The Company’s portfolio includes some of the biggest franchises in all entertainment across a broad range of platforms including consoles, PC’s, and mobile devices.
Their portfolio consists of some of the most iconic, epic entertainment experiences in gaming such as Call of
Duty, World of Warcraft, Overwatch, Hearthstone, Diablo and Candy Crush.
PlaySide Studios Limited is Australia’s largest publicly listed video game developer.
It provides titles in a range of categories, including self-published games based on original intellectual property and games developed in collaboration with studios, such as Disney, Pixar, Warner Bros, and Nickelodeon.
The company’s portfolio consists of 50+ titles that are delivered across 4 platforms, which include mobile, virtual reality, augmented reality, and PC.
The company was incorporated in 2011, listed on the Australian Securities Exchange in December 2020, and is headquartered in Port Melbourne, Australia.
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