Sony Online Ent. closes 3 studios, lays of 205 workers

MUMBAI: As part of its massive restructuring process, Sony Online Entertainment (SOE) has closed three of its game studios in Denver, Tucson and Seattle and laid off 205 employees.

The release of action espionage online game ‘The Agency‘, which was being developed in all the shuttered studios, stands cancelled.
"As part of this restructuring, SOE is discontinuing production of The Agency so it can focus development resources on delivering two new MMOs based on its renowned PlanetSide and EverQuest properties, while also maintaining its current portfolio of online games," said the company in a statement. "All possible steps are being taken to ensure team members affected by the transition are treated with appropriate

Acquired in 2006, the Denver studio had been focusing on digital card games based on SOE properties like Free Realms, Star Wars Galaxies, Legends of Norrath and Star Wars: The Clone Wars Adventures. The Tucson studio was overseeing the online strategy game, PoxNora.

SOE still has its Austin studio, which creates DC Universe Online and Star Wars Galaxies, and its headquarters in San Diego, where games like EverQuest, PlanetSide, Vanguard and Free Realms are run. Both studios were also impacted by the layoffs with as many as half of each studio‘s staff let go.
After rising to prominence in 1999 with its subscription-based EverQuest MMO game, SOE, in recent years, expanded beyond its core fantasy role-playing games. Over the past few years, the company has targeted families and younger gamers with free-to-play titles like Free Realms, which has more than 17 million registered users.
SOE‘s last releases include its second Star Wars game, Star Wars: The Clone Wars Adventures. Based on the popular Cartoon Network series from George Lucas,the free-to-play game world offered accessible mini-games and social networking experiences.

Latest Reads
Highly-beneficial interactions take place at Broadcast India '16

The 26th Broadcast India Show concluded over the weekend in Mumbai, and was easily the most exciting Broadcast India Show yet. With thousands of eager, high-quality trade visitors swarming the show floor, a sentiment signalling highly-beneficial exchanges and interactions echoed through the halls...

Technology Software Applications
India, China to propel APAC, beat CAS Europe market share

APAC is expected to overtake the market share of Europe in future due to an increasing demand for digital TV set-up boxes in countries such as China and India. North America and Europe dominated the global CAS market in 2015. APAC region is estimated to mark a growth rate of 12.0 per cent CAGR...

Technology Hardware Set-top Boxes
India lucrative market for 4K UHD STBs: Grand View Research

Here’s a view on the demand for 4K or ultra high definition (UHD) set-top boxes (STBs) in India.

Technology Hardware Set-top Boxes
Infor appoints Dass as south Asian subcontinent V-P

Infor, a leading provider of business applications specialized by industry and built for the cloud, has appointed Ashish Dass as the vice president and managing director for the south Asian subcontinent. Infor software helps eliminate the need for costly customization through embedded deep...

Technology Software Applications
Siti & DishTV opt for Conax conditional access

The Essel group has been using Conax’s tech for sometime now for its Siti Network (earlier known as Siti Cable). Now the group has extended that partnership for another product for both Siti Network and DTH operator Dish TV India. This time it is for the cardless set top boxes that the two are...

Technology Hardware Set-top Boxes
Imagine Communications extends functionality of Selenio One unified transcoding platform to OTT

MUMBAI: Imagine Communications, empowering the media and entertainment industry through transformative innovation, today introduced a high-density adaptive bitrate (ABR) transcoding product built on Selenio One™, the company’s software-defined linear transcoding platform. Selenio One is designed...

Technology Hardware Components
DJI Makes Your Smartphone Smarter with the New Osmo Mobile

DJI, the world leader in creative camera technology, Thursday launched the Osmo Mobile, an extension for smartphones that turns them into intelligent, precision camera systems.

Technology Hardware Components
Prime Focus Tech gets funding from PE firm Ambit Pragma

MUMBAI: Prime Focus Technologies (PFT) – the technology offshoot of media services company Prime Focus - informed the Bombay stock exchange today that it had received its first round of funding from growth capital private equity fund Ambit Pragma.

Technology Software Applications
Three new products developed by C-DOT launched on its Foundation Day

Communications Minister Manoj Sinha today expressed the hope that 100,000 Gram Panchayats (GPs) will be connected through Optical Fibre Cable (OFC) by March next to set up a network infrastructure to serve the rural masses.

Technology Hardware Distribution

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories