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Planet Calypso Sold for $6 Million USD

By Suzie Ford on January 27, 2011 | News | 0

SEE Virtual Worlds has announced its purchase of the first planet in the Entropia Universe, Planet Calypso. Planet Calypso was purchased for a record six million U.S. dollars. The planet has been running since 2003 and has nearly a million registered users and has generated over four million U.S. dollars in player transaction revenue.

The acquisition follows news late last year that SEE Virtual Worlds plans to rollout new planets in the Entropia Universe, beginning with Planet Michael™, a game being developed with the support and involvement of the Michael Jackson Estate, and a Universal Monsters world featuring Van Helsing and Universal Studios' legendary line of cinematic monsters. First Planet Company will be rebranded as "SEE Digital Studios," and will continue to enhance Planet Calypso while taking on new staff for the development of Planet Michael.

"As we move into 2011 and beyond, SEE Virtual Worlds will continue to bring its innovative product offerings to the virtual world marketplace," said Martin Biallas, CEO of SEE Virtual Worlds. "We know that virtual worlds are extremely lucrative and much of our success will be strengthened by working with Mindark and the added experience that First Planet Company brings to the process, having developed the most successful planet in the Entropia Universe to date."

Read more here.


SBFord

Suzie Ford

Suzie is the former Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom