Eutechnyx targets 190 new jobs with 1.8m funding

Government backs developer to establish own publishing operation for Auto Club Revolution

UK racing specialist Eutechnyx has secured £1.8 million from the government, which it intends to use to create up to 190 new jobs at the company.

Specifically, the firm aims to create a publishing operation for new online racing game Auto Club Revolution, currently in closed beta and scheduled for release in 2012.

"We are exceptionally pleased that the Government has appreciated the unique opportunity that Auto Club Revolution presents in the world of online games" said Darren Jobling, Eutechnyx COO.

"This investment will allow us to continue recruiting the cream of the development and publishing talent from around the world to join the team, and to really push forward with an innovative and genre-changing online product."

The financial assistance come from the government's Regional Growth Fund, and is added to the £6 million already raised for the game from Prime Ventures and the North East Accelerator Fund.

"The Government is investing in companies and projects to help them grow and create the jobs we need," added Creative Industries Minister Ed Vaizey. "Auto Club Revolution is an exciting project that promises to add to the UK's highly successful video games sector."

More stories

Eutechnyx sells its NASCAR games business

UK developer will continue to focus on Auto Club Revolution while passing NASCAR reins to DMi

By James Brightman

Eutechnyx restructuring business

19 employees in consultation but 25 new roles opening up on ZeroLight

By Rachel Weber

Latest comments (7)

Fran Mulhern , Recruit3D10 years ago
Here's hoping they're the first of many to create new openings!
0Sign inorRegisterto rate and reply
Julien Amougou , Nokia10 years ago
Great news for the company (a bunch of great guys) and the region.
0Sign inorRegisterto rate and reply
Stuart Barnett Games Designer, Sony London Studio10 years ago
Fantastic news, the north east games industry has been hit hard the past few years. Looking forward to seeing the result.
0Sign inorRegisterto rate and reply
Show all comments (7)
Steve Pritchard Studio Head, Headstrong Games10 years ago
Great to hear this sort of thing!

However, 1.8m sterling = 190 new jobs?

It's been a while since I've been back up north but if those developers they are paying 10k salaries to are any good, I'll offer them double to come and work for me.
0Sign inorRegisterto rate and reply
Pete Leonard , Amiqus10 years ago
@ Steve LOL!
0Sign inorRegisterto rate and reply
Andy Payne Chair/founder, AppyNation10 years ago
Really good news and well done Eutechnyx!!!!
0Sign inorRegisterto rate and reply
Ben Brown Studio Technician, Codemasters10 years ago
Howa tha games industry!
0Sign inorRegisterto rate and reply

Sign in to contribute

Need an account? Register now.