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  • 2006
2006
17/11
Virtuos opens North American HQ
Virtuos, one of the world’s largest outsourced services provider in the games industry, announced today that it has opened its North American headquarters.
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2006
16/11
Asphalt: Urban GT 2 released on DS
Paris, November 16, 2007 – Asphalt: Urban GT 2, the sequel to one of the most successful racing games on DS has shipped in Europe and North-America today. Published by Gameloft and distributed by Ubisoft, Asphalt: Urban GT 2 was fully developed by Virtuos in its Shanghai studio. Asphalt: Urban GT 2 is an upgraded port from the high-end mobile version.
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2006
09/11
Virtuos jumps further in Xbox 360 generation
Gamesource, the European arm of Virtuos announced today that it has officially become an authorized Xbox 360 Developer.
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2006
30/10
Shanghai Government officials inaugurate new Virtuos facility
Shanghai, October 30. Mrs Xu Meihua, Secretary-General of Shanghai Municipal Technology Committee, Mr Lu Jiye, Vice Mayor of Shanghai Changning District, and other leaders from Shanghai Municipal Government and Changning District Government inaugurated the Withub SIBP building and visited Virtuos on October 30, 2006.
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2006
04/08
Gamasutra visits Virtuos and reports on china outsourcing
Gamasutra and Game Developer magazine editorial director Simon Carless visited Virtuos’ new development center in Shanghai during Chinajoy 2006. He published a long report titled “Inside China’s Game Outsourcing Biz”. In the report, Carless notes how rapidly the game outsourcing market has been scaling up and how Virtuos is positionned on the high-end of the market.
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2006
29/06
Legend Capital invests in Virtuos
Virtuos, one of the world’s largest outsourced services provider in the games industry, announced today that it has closed a Series A stock financing round with Legend capital, the independent Venture Capital firm under Legend Holdings, owner of Lenovo group. New Access Capital is the exclusive financial advisor for this transaction.
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2006
29/06
New study evaluates games outsourcing market at $1Bn in 2006
According to a new study by Screendigest, “a quiet revolution is transforming the games industry as developers turn to outsourcing to control spiraling next generation costs. Outsourcing in Next Generation Games Development reveals a sea change in games development that is resulting in significant expenditure being shifted to outsourced services providers, many located in Eastern Europe and South Asia”
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2006
14/03
China game market reaches $470 million USD in 2005
The strong health of the China Games Industry was confirmed at its 2006 Annual Meeting on January 11 in Xiamen. It was announced that the market size was $470 million USD in 2005, a 30 percent increase over 2004′s subscribers and a 52.6 percent increase over 2004 income. Online games also provided a boost of 17.3 billion yuan ($2.14 billion USD) to telecommunications, 7.1 billion yuan ($887.5 million USD) to the IT industry, and 30 million yuan ($3.7 million USD) to the publishing industry.
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2006
23/01
Game companies market caps : the China vs USA match, 0106 update
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