Swedish agency Paradox Interactive has inked a deal to purchase Bulgarian studio Haemimont Video games.
No determine has been placed on the deal, however is split into upfront money and performance-based incentives.
Paradox says this acquisition is a part of its technique of increasing its footprint within the administration style. In the interim, Haemimont goes to retain its present management and can proceed to work on its upcoming initiatives.
“We’re very blissful to welcome Haemimont Video games to Paradox,” Paradox CEO Fredrik Wester stated.
“They carry a tight-knit workforce with lengthy expertise in growing administration video games with many effectively acquired initiatives of their portfolio. Furthermore, they’ve a robust artistic streak, expertise developed for his or her area of interest, a brand new IP in improvement and a robust tradition that matches Paradox’s method of working. We now have sturdy religion of their workforce and management, and our most important focus now could be to make sure that they will proceed to create nice video games beneath new possession.”
Haemimont founder Gabriel Dobrev added“We’re delighted to grow to be part of the Paradox household. The cultural match between our corporations is outstanding, and we already really feel at house. This partnership empowers us to push the boundaries of our video games, delivering deeper and extra intense experiences to our gamers. It additionally opens new horizons for our workforce, expertise, and inventive processes, which we’re desirous to discover. Count on superb new video games from us!”
