Underground Development
defunct American video game developer
Underground Development, Ltd. (formerly Z-Axis, Ltd.) was an American video game developer based in Foster City, California. It was founded in 1994 by David Luntz and sold to Activision in May 2002. Following a rebranding to Underground Development in February 2008, the company was closed in February 2010.
History
Z-Axis was founded by David Luntz in 1994, originally located in San Mateo, California. On May 22, 2002, Activision announced that they had acquired Z-Axis in exchange for a payment of US$20.5 million in cash and stock, and up to 93,446 additional shares in Activision linked to the studio's performance. At the time, the studio was located in Hayward, California. In February 2008, Z-Axis was rebranded as Underground Development.
Activision reported in April 2008 that they were closing Underground Development, which had the time had under 45 employees in a Foster City, California office, at the end of the coming May. The studio was fully closed on February 12, 2010.
“Underground Development” enters the record as defunct American video game developer. Crown Archives preserves that source wording while asking what Underground, Development and defunct can confirm, complicate or overturn.
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This entry incorporates text from “Underground Development” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.