Epic Takes a Chair
Unreal-engine Xbox LIVE Arcade game Undertow and owners of the Empire
property (story). Here's the deal on the deal: Cary, North
Carolina – May 20, 2008 – Epic Games, Inc., creators of the award-winning Unreal
and Gears of War video game franchises and the industry leading Unreal Engine,
today announced its acquisition of Utah-based development studio, Chair
Entertainment Group, LLC. Under the terms of the agreement, Chair Entertainment
Group has become a wholly owned subsidiary of Epic Games and will continue to
operate under the same name while maintaining its focus on creating new original
game properties which utilize Epic's Unreal Engine technology.
"Chair's stylized approach to creating games is further enhanced by their
ability to stretch our technology in new directions that not only help in
creating amazing gaming experiences but also demonstrate the power and
versatility of the Unreal Engine," said Mark Rein, vice president of Epic Games,
Inc. "We are thrilled to bring the Chair team into the Epic family, and look
forward to working with them to create original new games that continue to
innovate and inspire."
"Our team has long admired Epic for its ability to shape the game industry with
its innovative technology and first-rate video game offerings," said Ryan
Holmes, Co-Founder and CEO of Chair Entertainment Group. "We share Epic's
passion for creating ground-breaking game play experiences and are excited for
the opportunity to partner with a truly visionary company."
Founded in 2005, Chair Entertainment Group is jointly led by directors, Donald
and Geremy Mustard, and CEO Ryan Holmes. Best known for its award-winning Xbox
Live Arcade title, Undertow, Chair's previous success includes the launch of its
Empire property which has produced an Orson Scott Card-written New York Times
bestselling novel and a feature film currently in development with Warner Bros.
In 2007, after several years of building games with Unreal technology, Chair
entered into an agreement with Epic Games to make Unreal Engine 3 their
exclusive technology for game development.
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