Underground Development, Ltd. (formerlyZ-Axis, Ltd.) was an Americanvideo game developer based inFoster City, California. It was founded in 1994 by David Luntz and sold toActivision in May 2002. Following a rebranding to Underground Development in February 2008, the company was closed in February 2010.
Z-Axis was founded by David Luntz in 1994,[1] originally located inSan Mateo, California.[2] On May 22, 2002,Activision announced that they had acquired Z-Axis in exchange for a payment ofUS$20.5 million in cash and stock, and up to 93,446 additional shares in Activision linked to the studio's performance.[3][4] At the time, the studio was located inHayward, California.[3] In February 2008, Z-Axis was rebranded as Underground Development.[5][6]
Activision reported in April 2008 that they were closing Underground Development, which had the time had under 45 employees in aFoster City, California office, at the end of the coming May.[7][8][9] The studio was fully closed on February 12, 2010.[10][11]
