amBX, the ambient technology arm of electronics giant Philips, has been spun out as an independent company.
The move was made possible with the backing of Prime Technology Ventures, a Netherlands-based pan-European venture capital firm. It will now be able to license the amBX technology to other hardware manufacturers, although Philips will remain a licensee as well as a limited partner with PTV.
For the full story, head over to Develop.
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![trop [Industry news] Trophy Games Makes Its Largest Acquisition Ever - and Upgrades Its Outlook](https://mcvuk.com/wp-content/uploads/trop-310x165.png)
The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.
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