40 percent of Codemasters sold to Benchmark

Tom Orry Updated on by

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According to a report on gamesindustry.biz, Benchmark has acquired 40 percent of Codemasters. The British publisher plans to use the cash invested to fund new titles which will be online enabled and to aid development of next generation software. The company also plans to explore new areas such as massively multiplayer games and the ever growing mobile gaming market.

“Codemasters has consistently demonstrated for over 18 years that it has the skill and capacity to produce very high quality interactive entertainment and successfully operate as an independent player in a very competitive and dynamic landscape,” said Benchmark’s Ynon Kreiz. “We were attracted to the company by its heritage of great management, creativity, innovation and ambition to push boundaries. Benchmark is proud to have an active role in Codemasters’ future success.”

It is believed that Benchmark will want to sell its share in the company at some point, but when and to who is unknown.