Develop has news that Frontier Developments acquired software and IT
consultancy Professional Practice Automation on Tuesday in a deal worth £5.09m,
a deal which, besides the other assets of the company, also includes the rights
to the
Elite franchise, as Frontier is currently developing
Elite
Dangerous, a crowd-funded new installment in the space combat series. They
also report that Frontier founder David Braben now plans to sell up to 1.6m
shares in Frontier Developments, which they say represents a little over five
percent of the company. Besides holding the Elite rights, Develop says PPA
develops software "currently in use on thousands of seats across accountancy
practices in the UK."