header logo
සිංහලதமிழ்
Asia asset finance
Mogo Academy
Science & Tech
Crytek to receive $500m investment from Turkish gov
Dec 27, 201612:09 PM
Crytek to receive $500m investment from Turkish gov

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 5g
VideoStories
Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Lassana Flora