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Activision Licenses Epic Games' Unreal Engine 3

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Activision, Inc. announced today that it has entered into an agreement to license the Unreal Engine 3 from Epic Games, Inc., for an upcoming as-yet-unannounced action game.
"The Unreal Engine is one of the most technically advanced engines on the market and is a perfect fit for our upcoming action game," said Laird Malamed, head of production for Activision. "The engine's robust suite of programming tools will enable our development team to deliver what is sure to be an amazing game experience."


"We're extremely excited to be working with Activision" said Mark Rein, vice president of Epic Games, Inc. "We've admired them for a long time and we're pleased that they've chosen to use Unreal Engine 3 and we're confident they're going to make a great game with it."

About Unreal Engine 3
The award-winning Unreal Engine is known for cutting-edge graphics and a best-of-breed toolset. Unreal Engine 3 is expected to maintain those features while adding massive world support, multi-processor support, next-generation console optimizations, and one of the most mature tool pipelines in the industry. Unreal Engine 3's new toolset is designed specifically to accelerate developers' productivity for ultra-complex, next-generation content. Additional information on Unreal Engine can be obtained at www.unrealtechnology.com.

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Activision seems to have some financial issues as they are being faced with the delisting at Nasdaq:

Source at gamers.com
 
Good news with the engine leasing. Bad news with the stock deal.
 
... "delisting". Now THATS what i call news.

P.S. Isnt Unreal 3 Engine already 2 years old? I would have thought there would be a U4 engine by now. Unless there is, and U3 is now very cheap.
 
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