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Crytek reportedly sign $50-$70 million licensing deal with Amazon

Crytek has reportedly teamed up with Amazon in a huge $50-$70 million licensing deal
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Apr 7, 2015 12:23 am

Just months after Crytek was reportedly in serious financial trouble, paying its staff late and laying some off, with the German-based studio behind the CryEngine and games like Crysis, reportedly signed a major licensing deal with Amazon.

 

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According to four sources of Kotaku, Amazon has agreed to a massive licensing deal for Crytek's CryEngine, worth between $50-70 million. The sources haven't said much more, but they said that this deal is enough to pull Crytek out of the financial black hole it was being sucked into last year.

 

If you asked me, Crytek need to get back into developing hardcore graphics engines for the PC and then scale down to consoles from there. Instead, they went full steam ahead into the consoles and that has seemingly backfired - requiring the help of Amazon.

NEWS SOURCES:Gamespot.com

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