Kaboom Studios

Kaboom Studios Limited
Formerly
 Geoff Brown Holdings Limited (1996–2000)
Private
Industry Video game industry
Fate Receivership
Founded 6 November 1996 (1996-11-06)
Founder Geoff Brown
Defunct 9 September 2003 (2003-09-09)
Headquarters England
Key people
 Geoff Brown
Subsidiaries

Kaboom Studios Limited (formerly Geoff Brown Holdings Limited) was a British holding company established by Geoff Brown on 6 November 1996 to pursue video game development company investment. The company was started for Brown's December 1996 acquisition of a 75% stake in Silicon Dreams Studio for at least GB£500,000.[1] Silicon Dreams Studio was founded by Brown in March 1994, as in-house development team for his publishing company, U.S. Gold, until the entire CentreGold umbrella (including U.S. Gold and Silicon Dreams) was sold to Eidos Interactive in April 1996.[2] In January 1997, Geoff Brown Holdings also acquired Attention to Detail; a motion capture studio Audiomotion, as well as another developer, Pivotal Games, were established under the Geoff Brown Holdings umbrella in 1997 and March 2000, respectively.[3]

In 2003, Kaboom Studios faced major financial struggles, resulsting in the colsure of Attention to Detail and Silicon Dreams Studio on 28 August 2003 and 3 September 2003, respectively.[4][5] Meanwhile, Audiomotion's managing director, Mick Morris, performed a management buyout, in order to "reboot" itself and avoid closure.[6] Kaboom Studios went into receivership on 9 September 2003,[7] with all remaining assets, including still-active Pivotal Games, being transferred to Ernst & Young for sale.[8] On 29 September 2003, SCi acquired Pivotal Games from Ernst & Young for a total of GB£2.36 million.[9]

References

  1. ↑ "SILICON DREAMS TO BE 75% ACQUIRED BY NEW FIRM". www.telecompaper.com. Retrieved 4 June 2017.
  2. ↑ ""It felt like robbery": Tomb Raider and the fall of Core Design". arstechnica.com. Retrieved 4 June 2017.
  3. ↑ "Moving On Up". gamesindustry.biz. Retrieved 4 June 2017.
  4. ↑ "ATD goes to the wall; Kaboom in crisis?". gamesindustry.biz. Retrieved 4 June 2017.
  5. ↑ "Kaboom goes into receivership; Pivotal for sale". gamesindustry.biz. Retrieved 4 June 2017.
  6. ↑ "Audiomotion MD Mick Morris leaves after 17 years". develop-online.net. Retrieved 28 September 2017.
  7. ↑ "Kaboom goes into receivership; Pivotal for sale". gamesindustry.biz. Retrieved 4 June 2017.
  8. ↑ Calvert, Justin (19 February 2004). "SCi acquires Pivotal Games". gamespot.com. Retrieved 4 June 2017.
  9. ↑ Bramwell, Tom (29 September 2003). "SCi buys Pivotal". eurogamer.net. Retrieved 4 June 2017.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.