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Navarre to Distribute Destineer's "Fullmetal Alchemist" Games

Authored by Mark Hefflinger on October 5, 2006 - 2:40pm.
Minneapolis - Video game publisher Navarre announced that it has signed an exclusive agreement to distribute four new console video games published by Destinner based on FUNimation's "Fullmetal Alchemist" series. The first Destineer titled under the agreement, "Fullmetal Alchemist: Dual Sympathy," is slated for release this month.
tags: Games | Destineer | Navarre |

Destineer Developing "Fullmetal Alchemist: Dual Sympathy" for Nintendo DS

Authored by Mark Hefflinger on September 15, 2006 - 10:40am.
Minneapolis - Game publisher Destineer this week announced development on "Fullmetal Alchemist: Dual Sympathy" for the Nintendo DS, based on the manga that has also spawned a TV series on Adult Swim and a feature film. Developed by Bandai, the game is scheduled for release in the fall.
tags: Games | Nintendo | DS | Destineer | Bandai |

Game Developer Destineer to Open New Studio in Raleigh, N.C.

Authored by Mark Hefflinger on August 10, 2006 - 12:28pm.
Minneapolis, Minn. - Video game developer and publisher Destineer announced that it plans to open its next development studio in Raleigh, N.C., where the company expects to hire at least 100 engineers, artists, designers, quality assurance staff, and management.
tags: Games | Career | Destineer | Openings | North Carolina |

Game Developer Destineer Gets $12 Million Equity Investment

Authored by Mark Hefflinger on April 28, 2006 - 9:01am.
Minneapolis, Minn. - Destineer, a developer and publisher of video games and virtual training simulations, announced this week that it has received a $12 million equity investment from The Exxel Group. Founded in 2001 by a former executive at Microsoft's Bungie games studio, Destineer has developed titles including "Close Combat," "Elite Warriors: Vietnam" and "Starship Troopers"; the company also develops virtual training simulations for government, military, and intelligence organizations around the world. "The venture capitalists of the videogame industry have traditionally been the large publishers, because they're the ones who have funded most game development until now," said Destineer CEO Paul Rinde. "But, this new trend of private-equity firms investing in the games industry gives creative companies like Destineer much more flexibility to make games the established publishers are less likely to create." The company will use the funds for several as yet unannounced titles for consoles and the PC, as well as to expand distribution and product development in Latin America.
tags: Games | Destineer | Developer | Investment | Equity |

Game Developer Destineer Gets $12 Million Equity Investment

Authored by dmw on April 28, 2006 - 6:05am.
Minneapolis, Minn. - Destineer, a developer and publisher of video games and virtual training simulations, announced this week that it has received a $12 million equity investment from The Exxel Group. Founded in 2001 by a former executive at Microsoft's Bungie games studio, Destineer has developed titles including "Close Combat," "Elite Warriors: Vietnam" and "Starship Troopers"; the company also develops virtual training simulations for government, military, and intelligence organizations around the world. "The venture capitalists of the videogame industry have traditionally been the large publishers, because they're the ones who have funded most game development until now," said Destineer CEO Paul Rinde. "But, this new trend of private-equity firms investing in the games industry gives creative companies like Destineer much more flexibility to make games the established publishers are less likely to create." The company will use the funds for several as yet unannounced titles for consoles and the PC, as well as to expand distribution and product development in Latin America.
tags: Games | Deals | VC | Games Deals | Destineer | Exxel Group |

Infogrames Sells Mac Video Game Publishing Unit to Destineer

Authored by Mark Hefflinger on January 31, 2003 - 4:18am.
New York -- Video game publisher Infogrames announced on Friday that it has sold its Apple Macintosh game publishing unit, MacSoft, to Minneapolis-based game developer Destineer. Financial terms of the transaction were not disclosed. "We are focusing our attention on our biggest growth areas: PC and video games," said Paul Rinde, senior vice president and general manager of Infogrames' Minneapolis studio, which included the MacSoft label. Infogrames said the majority of its MacSoft employees will become employees of Destineer. http://biz.yahoo.com/prnews/030130/nyth140_1.html
tags: Destineer | Video Games | Infogrames | Mac |