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SCi Invests In Ex-Argonaut Development Studio

British publisher and developer SCi has acquired a 25.1 percent stake in new UK development house Rocksteady. The new studio has been formed by Jamie Walker and Sefton Hi...

David Jenkins, Blogger

January 17, 2005

1 Min Read
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British publisher and developer SCi has acquired a 25.1 percent stake in new UK development house Rocksteady. The new studio has been formed by Jamie Walker and Sefton Hill, who previously worked at developer Argonaut Edgware before it lapsed into administration last October. Most of the 20 full-time staff also worked at the Argonaut offices, and the first person console shoot-em-up Roll Call, which they were working on at the time and was to have been published by SCi, has also been saved. SCi’s investment has taken the form of a £250,000 ($465,256) loan, which has gained them a place on the board and first refusal on any future titles. "We are very pleased that we have secured the development of Roll Call, which is an exciting product and strengthens our pipeline,” said SCi chief executive Jane Cavanagh. “The additional strategic investment in Rocksteady is great news for SCi as it allows us to develop what we anticipate will be a long and successful partnership with a very talented development team."

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2005

About the Author

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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