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Provider: Reuters Investment Profile
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Provider: Directors Deals Ltd.
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Provider: Wright Reports
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Provider: MarketLine (a Datamonitor Company)
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Funcom NV Announces Restructuring of Company


Thursday, 10 Jan 2013 01:55am EST 

Funcom NV (Funcom) announced that as part of the ongoing review of strategic options announced on October 22, 2012, Funcom has initiated a process of restructuring the Company around its core products and technology. This includes the consolidation of offices and teams around the world, as well as the streamlining of internal processes. By taking advantage of the Company's technology, the new organization will be better equipped to realize the strategy of building smaller MMO games such as the upcoming 'LEGO Minifigures' game which is currently in development by the team at the Company's Oslo studio. The restructured organization will continue to focus on its existing MMO games; 'Age of Conan', 'Anarchy Online' and 'The Secret World'. Through providing more organizational focus and strengthening the competence of a joint central team that will continue to operate and enhance these games, the Company will work towards increasing their profitability and continue to provide experiences for existing, returning and new players of these online worlds. 

Company Quote

4.39
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24 Oct 2014