VIRTUOS UPDATED STUDIES: ARTIFICIAL INTELLIGENCE IS A PRIORITY FOR GAME DESIGN INVESTMENT FOR COMING YEAR
New research from Virtuos’ upcoming Save Point Report surveying the games industry has found that Artificial Intelligence for game design and creation is the top investment priority for studios this year. The report was first published on the MCVUK.com by journalist Jennifer Allen.
Gamasutra visits Virtuos and reports on china outsourcing
Gamasutra and Game Developer magazine editorial director Simon Carless visited Virtuos’ new development center in Shanghai during Chinajoy 2006. He published a long report titled “Inside China’s Game Outsourcing Biz”. In the report, Carless notes how rapidly the game outsourcing market has been scaling up and how Virtuos is positionned on the high-end of the market.
Legend Capital invests in Virtuos
Virtuos, one of the world’s largest outsourced services provider in the games industry, announced today that it has closed a Series A stock financing round with Legend capital, the independent Venture Capital firm under Legend Holdings, owner of Lenovo group. New Access Capital is the exclusive financial advisor for this transaction.
French Minister visits Virtuos
French Small and Medium size Companies Minister Renaud Dutreil visited Virtuos on October 25, during his official visit to China.
Chinese groups acquire Indian and Japanese studios
Recent news indicate that the largest Chinese gaming companies have the appetite and the cash to acquire studios from neighbouring countries. The common point ? …Acquire know-how and content.
India out sources to China for tech talent
The New York Times explains how large Indian companies like Infosys and Wipro are investing into China’s talent pool. It mentions that “China has a worker base equal to India’s in terms of cost, quality and scale” : when you think about game development, the major advantage that China also has is that the majority of Chinese students are Gamers !
China Becomes Japan’s Largest Software Outsourcing Base
China has become Japan’s largest overseas software outsourcing base.