Empire Interactive was a British
video game developer
A video game developer is a software developer specializing in video game development – the process and related disciplines of creating video games. A game developer can range from one person who undertakes all tasks to a large business with em ...
and
publisher
Publishing is the activities of making information, literature, music, software, and other content, physical or digital, available to the public for sale or free of charge. Traditionally, the term publishing refers to the creation and distribu ...
based in
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
. Founded in 1987 by Ian Higgins and Simon Jeffrey, it was acquired by Silverstar Holdings in 2006 and collapsed in 2009.
History
Empire Interactive was founded by Ian Higgins (
chief executive officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
) and Simon Jeffrey (
managing director
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
) in 1987.
In November 2000, the company acquired development studio
Razorworks.
As well as full priced titles, Empire also had a budget range of titles, Xplosiv, for PC and PS2.
Initially launched for PC in January 2000, Xplosiv also published titles in Europe from third parties such as Sega and Microsoft. Later, in 2003, Empire began launching titles for PS2.
In March 2002 Empire acquired music creation software
eJay.
The company sold internal development studio Strangelite, responsible for ''
Starship Troopers'' (2005) and various PC ports of
Sega
is a Japanese video game company and subsidiary of Sega Sammy Holdings headquartered in Tokyo. It produces several List of best-selling video game franchises, multi-million-selling game franchises for arcade game, arcades and video game cons ...
games, to
Rebellion Developments on 1 June 2006.
Silverstar Holdings, a U.S. public company listed on
NASDAQ
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
, offered a deal to acquire Empire Interactive in late October 2006. The deal was accepted by 90% of Empire Interactive's shareholders by late November, and so Silverstar Holdings acquired 85% of Empire Interactive's shares. The deal was valued at approximately . Admissions of further Empire Interactive shares on the
Alternative Investments Market of the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
, were expected to be cancelled, effective by 20 December.
Higgins stepped down from his position in May 2008.
In July, Empire Interactive reduced its staff count by 30%, with the intent to sell Razorworks. Razorworks was sold to and absorbed by
Rebellion Developments a few days later. Two months after Silverstar Holdings was delisted from NASDAQ in March 2009, Empire Interactive was placed into
administration
Administration may refer to:
Management of organizations
* Management, the act of directing people towards accomplishing a goal: the process of dealing with or controlling things or people.
** Administrative assistant, traditionally known as a se ...
on 1 May 2009, with KPMG Restructuring appointed as administrator. Subsequently, 49 out of 55 employees were laid off, with the remaining six staying to aiding KPMG Restructuring in the winding-down of the company. Empire Interactive's
intellectual property
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, co ...
was sold to U.S.-based company New World IP. Shortly thereafter, U.S. publisher
Zoo Publishing acquired an exclusive licence for the publishing and distribution of Empire Interactive from New World IP.
Games
References
External links
*
{{Authority control
Companies that have entered administration in the United Kingdom
Video game companies established in 1987
Video game companies disestablished in 2009
Defunct video game companies of the United Kingdom
Video game development companies
Video game publishers
Defunct companies based in London