High Moon Studios, an independent Carlsbad video game developer, has been purchased by Vivendi Universal Games.
High Moon announced its acquisition Jan. 5, but did not disclose the financial terms of the agreement.
The shop employs more than 100 game developers and has been best known for its first-person shooting game Darkwatch.
Under terms of the agreement, Los Angeles-based VU Games retains High Moon’s staff and rights to the studio’s intellectual property.
CEO John Rowe will continue as the company’s chief leader.
“VU Games and High Moon are already collaborating on a soon-to-be-announced project based on a major entertainment license,” Bruce Hack, the chief executive officer of VU Games, said in a release. “Our acquisition of the studio is another major step forward in building the company’s position as a leader in next-generation console games.”
It publishes and distributes the massively popular online game World of Warcraft as well as a host of other well-known titles, including Diablo, Crash Bandicoot and StarCraft.
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Preparing For IPO:
As it moves toward a public stock offering, Science Applications International Corp. has added another member to its newly formed investor relations staff.
Stuart Davis was hired by San Diego-based SAIC as senior vice president of investor relations and will work in Virginia and report to company Chief Financial Officer Mark W. Sopp.
Davis spent 21 years at SRA International Inc., most recently heading the company’s investor relations department. He was responsible for communications with the investment community when SRA had its initial public offering in 2002.
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It’s no Genentech, but Qualcomm Inc. is a pretty nice place to work. That’s the assessment of Fortune magazine, which named Qualcomm the 23rd best company to work for. (Genentech, a South San Francisco biotech company with astronomical employee growth, was ranked No. 1.)
The rating reflected a drop for Qualcomm, which came in at No. 17 in 2005.
Fortune cited two factors in naming Qualcomm to the list , all new employees were given stock last year and the company covers employees’ costs of GMAT and GRE prep courses.
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DefenseWeb Technologies Inc., a Pacific Beach-based software developer, will donate 1 percent of its profit this year to several nonprofit military-support organizations.
Included are: the National Military Family Association, the Military Officers Association of America, the Friends of Uniformed Services University and the Congressional Medal of Honor Society.
Have any defense or technology news? Send it to Rob Davis at firstname.lastname@example.org or call him at (858) 277-6359.