Paradox Ent. Buys 3D Game Technology RSSTech
by Rainier on April 10, 2003 @ 11:56 p.m. PDT
Paradox Entertainment announces that they have entered into an agreement with Swiss company Inca Gold GmbH to acquire the Rock Solid Studios Technology, known as RSSTech. Inca Gold recently acquired all the assets in the Swedish Rock Solid Studios AB bankruptcy, including the world leading graphics engine RSSTech. A consortium led by Paradox Entertainment has now entered into an agreement with Inca Gold to develop and commercialise the technology, which may be renamed.
This is a very solid technology which our Lead Engineers are familiar with since they participated in the development of the first generation version, says Theodore Bergquist, CEO of Paradox Entertainment. “The licensing opportunities are excellent and we have started to discuss the opportunities with several parties already.
The RSSTech business may be placed in a separate division with its own staff. It is not yet clear if additional staff will be recruited.
For more information about Paradox Entertainment www.paradoxplaza.com