UK officially exits recession

As was expected, the ONS has confirmed that the recession that has dogged the UK economy for the last 18 months is officially over.

The economy grew by 0.1 per cent in the final quarter of 2009. The growth comes after a record six successive quarters of decline – the worst run since records begain in the ‘50s.

The UK is one of the last major world economies to drag itself out of the downward economic spiral, with the likes of the US, Japan, Germany and France exiting the slump last summer.

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trop [Industry news] Trophy Games Makes Its Largest Acquisition Ever - and Upgrades Its Outlook

[Industry news] Trophy Games Makes Its Largest Acquisition Ever – and Upgrades Its Outlook

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.