Computer maker HP’s third-quarter net revenue inched up 1pc from US$27.2bn in the year-ago period to US$27.6bn, marking the first increase in sales after 11 quarters of decline.
Dublin: 21.08.2014 03.05PM
Havok has made its first technology product acquisition, adding Irish-made Kore Virtual Machine (VM) to its portfolio.
Kore VM was developed by Irish company New Games Technologies. It’s the smallest and fastest virtual machine for consoles on the market. Its toolset is designed specifically for console game development.
“We'd been looking at taking the company in a new R&D direction for some time,” said Hugh Reynolds, CEO of New Game Technologies.
“I guess we thrive on new product development, so we were delighted when the opportunity came up to place the Kore VM technology with Havok.
“Without a doubt, Havok is the company that has the best track record in the games industry for supporting customers and delivering optimised cross-platform technology. It's a real win-win result," said Reynolds.
Kore VM has now been renamed as Havok Script. Havok has now taken over all technical and commercial functions and will be providing all support, licensing and services for it.
The technology is licensed by Sega, Bungie, Lionhead, Masthead Studios, United Front Games, NetDevil and other undisclosed studios.
Havok Script will have a dedicated engineering team for it for its development and it will be licensed as a standalone product which can be used independently of other Havok products.