Amazon buys video game studio Double Helix
SAN FRANCISCO (AFP) - Amazon said on Thursday it was buying a California-based video game studio, fueling speculation that the online retail titan plans to release its own console for home entertainment.
Amazon did not disclose financial terms of the deal to acquire Southern California-based Double Helix Games, which was born of a merger between Shiny Entertainment and The Collective Inc.
"Amazon has acquired Double Helix as part of our ongoing commitment to build innovative games for customers," a company spokeswoman said in an email reply to an AFP inquiry.
The studio's history dates back nearly two decades and it has created titles for play on major video game consoles as well as on personal computers.