Activision Buys Budcat

Hoping to further capitalize on the Guitar Hero franchise, Activision today announced the acquisiiton of Budcat Creations, the studio who worked on the PS2 and Wii versions of games in the aforementioned music franchise. They are currently working on a new game in the same franchise.

"Budcat Creations is an outstanding developer with an experienced management team and a very talented group of programmers, designers and artists," said Mike Griffith, President and CEO of Activision Publishing, Inc. "In addition to strengthening our development capabilities on the Nintendo platforms, this acquisition increases our Guitar Hero development resources as we continue to grow the franchise and expand our global leadership position in the music-based genre."

The studio now becomes a wholly owned subsidiary of Activision, the largest publisher in North America. They are based on Iowa City, Iowa. Financial details of the agreement were not disclosed.

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