It's been a year with multiple major takeovers in the gaming industry, with Microsoft, EA and Tencent being notable companies investing in acquisitions. Today brings an example of how these acquisitions filter down to small but successful publishers and developers, with Sumo Group confirming an acquisition of Auroch Digital for ' at least £6 million ($8.32 million).'
Auroch Digital has developed and published some enjoyable titles on Switch in recent years, including The Colonists and Mars Horizon; the latter is a rather detailed and fascinating simulation of the space race. Sumo Group 'considers Auroch's 48 staff a complementary development team to support Secret Mode', which is the group's own publishing division. Nevertheless Auroch will retain its name and continue to be led by company founder Tomas Rawlings.
Sumo Group, of course, was confirmed in the Summer to be the target of a $1.27bn (£919m) takeover by Tencent, while in recent months we've also seen EA acquire Codemasters, and of course Microsoft picked up Bethesda (along with its parent company ZeniMax and the many related subsidiaries). Just recently Sony also acquired Firesprite, a company that had made notable PlayStation titles in recent years.
Nintendo has been somewhat less splashy in terms of high-stakes acquisitions, but did formally buy-out Next Level Games earlier this year, which had been working effectively as a 'second-party' beforehand on the likes of Luigi's Mansion 3.
Sumo Group picking up Auroch Digital is another acquisition for the books, then, and no doubt there'll be more notable takeovers - big and small - in the coming months.
[source gamesindustry.biz]
Comments 9
Gamers buy games and pile them up and never play them. Big companies buy developers and pile up their IPs and never release more games for them. Isn't nature amazing?
@NoxAeturnus Indeed, nature and human nature.
Whenever I hear about acquisitions, I think of the Rules of Acquisition
So Tencent owns it now...
@Octane not yet
And I'm also not sure Tencent is going to last as-is. China seems to be making moves to break up the larger companies in their country
@Mando44646 That doesn't change much I'm afraid, because I don't think they care about them buying up foreign companies. And as long as the country is structured the way it is, they all have to work close with the government, they are essentially an extension of the government.
I'd still like to see Nintendo buy up Mercurysteam and Level 5.
@ralphdibny That's just epic!
@Spoony_Tech 😂 thanks!
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