Activision and Gray Matter team up
Activision announced today that it has acquired the remaining 60% equity interest in Gray Matter Interactive Studios, the developer of Activision's PC game, Return to Castle Wolfenstein. The acquisition of Gray Matter strengthens the company's industry leading position as a developer of first-person action games. Activision's recent acquisition of Treyarch Invention, LLC., is also very important in the company's strive for success.
"Activision has had a long-standing relationship with the principals at Gray Matter beginning in 1998 with the development of id Software's QUAKE II Mission Pack: The Reckoning," states Ron Doornink, President and COO of Activision, Inc. "Gray Matter's proven track record in creating some of the most memorable PC action games is aligned with Activision's strategy to acquire companies with a history of creating high-quality products which over time can enhance the company's financial operating model. Gray Matter has a very talented team of programmers, designers and artists and we are confident that the studio's development strengths will further establish Activision as a leader in the PC action genre."
1/14/2002 Matt Stensrud