header logo
SLIC
Rhythms of Lanka
Science & Tech
Crytek to receive $500m investment from Turkish gov
Dec 27, 201612:09 PM
Crytek to receive $500m investment from Turkish gov
Mobitel Inner

Crytek have had a turbulent year, but with the news that Turkish government will be investing a massive $500 million into the German developer, something Turkish Prime Minister Binali Yıldırım announced on December 24, without naming Crytek.

 

PM Prime Minister Binali Yıldırım did say that three brothers living in Germany, “who own a leading company in the gaming sector, were planning to invest in Turkey during his speech at the “Turkey’s 500 Large Service Exporters” ceremony”, according to reports.   

 

The three brothers in question are Cevat, Avni, and Faruk Yerli - who founded Crytek in 1999. 

 

The company spread into Istanbul, Budapest, Kiev, Seoul, Shanghai, and Sofia, but closed 5 of them just days ago. 

 

Crytek recently said the closures were so that it could refocus on its core strengths, developing innovating games and the technology that drives them.   

 

Just recently, Cloud Imperium Games - the developer of Star Citizen, announced their shift away from CryEngine to Amazon’s Lumberyard technology - which is based on CryEngine.

 

Source: Tweak Town

 

 

 

MostRead
Mobitel Upahara
VideoStories
UNP warns proposed extension of judges' retirement age risks sparking youth unrest

UNP warns proposed extension of judges' retirement age risks sparking youth unrest

 Adverse weather claims eight lives, affects over 16,000 people islandwide

Adverse weather claims eight lives, affects over 16,000 people islandwide

Eight dead, over 11,000 affected by adverse weather Heavy rains expected after Thursday: Met. Dept.

Eight dead, over 11,000 affected by adverse weather Heavy rains expected after Thursday: Met. Dept.

Parliament heats up over judges’ retirement age 22A draft will be gazetted shortly: Justice Minister

Parliament heats up over judges’ retirement age 22A draft will be gazetted shortly: Justice Minister

“Chief Prelates did not oppose judicial reforms” Govt seeks to increase retirement age of all judges

“Chief Prelates did not oppose judicial reforms” Govt seeks to increase retirement age of all judges

Thai, Sri Lankan cultures celebrated at Thai festival 2026 held in Colombo

Thai, Sri Lankan cultures celebrated at Thai festival 2026 held in Colombo

 “There is another reason behind the rush” – Lawyers’ body questions judges’ retirement age move

“There is another reason behind the rush” – Lawyers’ body questions judges’ retirement age move

New Constitution, land issues take centre stage as Tamil and Muslim leaders meet President

New Constitution, land issues take centre stage as Tamil and Muslim leaders meet President

Mahara Prison Clash: Multiple investigations launched into Rs. 150 million damage

Mahara Prison Clash: Multiple investigations launched into Rs. 150 million damage

Bad weather wreaks havoc across Sri Lanka Warning for heavy rains, strong winds & landslides issued

Bad weather wreaks havoc across Sri Lanka Warning for heavy rains, strong winds & landslides issued

“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

Lassana Flora