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Indian tech company TATA Elxsi, whose Visual Computing Labs has a major presence in 3D animation and VFX, is entering the game business, reports ANIMATION EXPRESS. Having already worked on core gaming technology projects for international clients, the company has assembled a 30-member team that includes a group for development of mobile games in Pune and a second team in Bangalore for console and PC gaming. The games division is currently working on several international projects and also has plans for developing IP.

[ via awn ]


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Activision Inc. and Vivendi today announced that they have signed a definitive agreement to combine Vivendi Games — which includes Blizzard Ent, creators of WORLD OF WARCRAFT — with Activision, creating the world’s largest pure-play online and console game publisher. The new company, Activision Blizzard, is expected to have approximately $3.8 billion in pro forma combined calendar 2007 revenues and the highest operating margins of any major third-party videogame publisher. On closing of the transaction, Activision will be renamed Activision Blizzard and will continue to operate as a public company traded on NASDAQ under the ticker ATVI.
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