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SEE buys Planet Calypso for $6 million, talks with Massively for an encore
For $6 million you could buy a heck of a lot of tacos -- or one virtual planet. Wisely, SEE Virtual Worlds went the latter route, snapping up Planet Calypso from MindArk and saving itself massive heartburn. The sci-fi-themed Planet Calypso operates under the umbrella of Entropia Universe and boasts 950,000 registered accounts since coming online in 2003. As part of the deal, SEE Virtual Worlds also acquired all of the assets of First Planet Company, a former subsidiary of MindArk, which has been transformed into SEE Digital Studios. Under this reorganization, SEE Digital Studios is now responsible for developing and operating Planet Calypso, Planet Michael and Universal Monsters. The company is expected to hire on additional team members for these projects. Fresh from the champagne celebration, SEE Virtual Worlds President Corey Redmond sat down with us to discuss this deal and the future of these three titles. Hit the jump to boogie with Michael Jackson, scream in terror at the Wolfman, and navigate the economy of virtual worlds.
