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Activision grabs Shaba

Swallows up another third party developer

The last few months have seen Activision expanding their in-house development capabilities, with a buy-out of Wolfenstein developers Gray Matter in January, and last October's acquisition of Treyarch, who are now working on the Minority Report game. This week they've continued that spending spree by picking up Californian developers Shaba Games for about $7.3m worth of shares, with another $2m in stock up for grabs if the developer meets its performance targets. Shaba worked on the PSOne versions of Mat Hoffman's Pro BMX and Tony Hawk's Pro Skater 3, and are currently developing Shaun Murray's Pro Wakeboarder for all three next-gen console systems. Related Feature - Activision acquires Gray Matter

Source - press release

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