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"Tomb Raider" Game Developer Circle Studios Plans London IPO

Authored by Mark Hefflinger on September 26, 2005 - 7:45am.
Bolton, England -- Circle Studios, the U.K.-based DVD and video game maker behind the popular Lara Croft "Tomb Raider" franchise, announced that it is planning an initial public offering (IPO) on the London Stock Exchange's Alternative Investment Market (AIM) in October. The company also has the rights for the official FIFA-licensed DVD soccer quiz games and is planning to create DVDs around the "Now That's What I Call Music" collections. Circle, which develops games that use the interactive functions of household DVD players, said it expected to raise about $5.3 million with the IPO, which will value the company at about $35.6 million. "We are at the forefront of this exciting new sector," said Circle CEO Jeremy Heath-Smith. "Our expertise, combined with key brands, will enable us to deliver highly compelling interactive DVD games."
tags: Game Developer | Tomb Raider | Circle Studios | London IPO |