RedOctane
| File:RedOctane.png | |
| Company type | Subsidiary |
|---|---|
| Industry | Interactive entertainment |
| Founded | 1999 |
| Headquarters | , |
Key people | Kai Huang (President and Co-Founder), Charles Huang (COO and Co-Founder) |
| Owner | Activision |
| Website | redoctanegames.com |
RedOctane is an electronic entertainment company perhaps best known for publishing the Guitar Hero series. RedOctane became a wholly owned subsidiary of Activision in 2006.
History
RedOctane was founded in 1999 by Kai Huang and Charles Huang. During the August of that year, they began operation as the world's first online video game rental service. They would later become better known for designing and producing dance pads and other video game accessories.
In June 2005, RedOctane expanded into publishing original video games. Their first published title was a PlayStation 2 version of In The Groove, a dancing game. Developed by Roxor Games, In The Groove was already established in arcades.
RedOctane then teamed up with developer Harmonix to release Guitar Hero in November 2005 for the PlayStation 2. The music game proved extremely popular, consisting of over 30 licensed tracks playable with a custom-designed guitar peripheral. The game was well-received by critics and fans, spawning a successful sequel in 2006 for the PlayStation 2 and Xbox 360. Continuing installments of series are currently slated to appear on several other consoles.
In May 2006, video game publisher Activision announced plans to acquire RedOctane, completing the deal on June 6th, 2006.[1] Activision reportedly paid RedOctane $99.9 million in cash and common stock in the acquisition.[2][3]
References
- ^ "Activision Paid $100 mln for RedOctane". Next Generation.
- ^ "Activision paid nearly $100 million for Red Octane". Retrieved 2007-04-18.
{{cite web}}: Unknown parameter|publiser=ignored (|publisher=suggested) (help) - ^ "Activision Buys RedOctane for $99.9M". Kotaku. Retrieved 2007-04-18.