Rage is looking to rock the GBA. They are basically buying the resources to make something fierce. This company is looking to make online games for the GBA! Droool....I'm excited! Check it.

Rage has acquired an initial 20 percent stake in newly-formed developer, Denki Ltd, which is based in Dundee, Scotland. The £125,000 ($200,000) deal gives Rage the publishing and development rights to Denki’s first three Game Boy titles. Intriguingly, Rage also promises that Denki's expertise will provide "the technologies and resources necessary to develop titles for a number of forthcoming handheld devices, as well as Nintendo's Game Boy Advance machine ... scheduled for release in Japan in August 2000 and North America and Europe later in the year."

The aggressive investment does not stop there, however. "We've acquired two new studios ib Scotland and Leeds," said a spokesman for the U.K.-based developer and publisher. "There are now two Rage Scotland development studios following a deal worth £3.4 million ($5.4 million). David Jones will manage the studios, concentrating on creating multiplayer Internet games for multiple platforms for WAP and online distribution."

In other acquisition news, Rage has also announced the creation of its new Leeds, England studio in a deal worth £2 million ($3.2 million). The company was formerly known as RGB Tree, and specializes in converting games across multiple platforms such as Grand Theft Auto 2 for PC and PlayStation.

"The development of on-line Internet gaming platforms and WAP (wireless application protocol) devices provide us with significant new opportunities to ensure mass-market penetration for our titles," says Rage CEO, Paul Finnegan. "Recent studies carried out by the leading mobile phone networks showed 24 million people in the U.K. (40 percent of the population) currently own a mobile telephone, many of which are now being used by school children and teenagers."