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Codemasters Group - our take on the latest video game developer on AIM

01/06/2018

Codemasters Group - our take on the latest video game developer on AIM
Hot on the heels of Team17 Group, which we covered in a previous Blog, another developer of video games, Codemasters, has joined AIM. Our research here takes a look at this well-established developer of racing games

Codemasters Group Holdings (AIM:CDM) is a video game developer and publisher, specialising in high quality racing games. With its HQ in Warwickshire and employing approximately 500 people in the UK and Kuala Lumpur, the Group has a 30 year track record of producing successful racing titles. Codemasters owns the Intellectual Property (‘IP’) to 3 games ‘‘DiRT’’, ‘‘GRID’’ and the soon to be launched “ONRUSH2”. It also has exclusive rights over the IP for its ‘‘F1’’ franchise, which has historically represented a significant percentage of Group revenue. - History Codemasters was founded by the Darling family in 1986, establishing its headquarters…

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