Disney Acquires Video Game Developer

0

Walt Disney Co. on Tuesday said its interactive unit plans to acquire video game developer Wideload Games Inc., whose founder was co-creator of Microsoft Corp.’s popular “Halo” franchise.

The Chicago company’s video game titles include Stubbs the Zombie in Rebel Without a Pulse, Hail to the Chimp, Texas Cheat ‘Em and Cyclomite. Financial terms of the deal were not disclosed.

Wideload Chief Executive Alexander Seropian will join the Burbank entertainment giant in the new position of vice president of creative, and oversee creative development across Disney Interactive Studios’ video game portfolio. Seropian, whose Bungie Software was acquired by Microsoft in 2000, oversaw the development of Halo, the flagship title for the launch of Microsoft’s Xbox video game system in 2001. Seropian eventually left Microsoft and founded Wideload in 2003.

“Wideload Games will be a great fit for our portfolio of internal studios, and Alex joining the global product development team provides the entire Disney game portfolio with a strong creative influence,” said Graham Hopper, executive vice president and general manager of Disney Interactive Studios.

Seropian will relocate to the unit’s Glendale headquarters, but Wideload will remain in Chicago with current President Tom Kang as its studio director.

Disney shares were up 33 cents, or 1 percent, to $26.23 in midday trading on the New York Stock Exchange.

No posts to display