acquisition

embracer-acquisition-will-let-gearbox-take-risks VG247

Embracer acquisition will let Gearbox take risks

By Alex Calvin, Friday, 5 February 2021 16:54 GMT Wait, wasn’t Battleborn a risk?Borderlands maker Gearbox says that its recent acquisition by Embracer Group allows it to take most risks.That’s according to studio founder Randy Pitchford, who told GamesBeat that the company is now able to pursue more out-there ideas. The exec said before that Gearbox would have to convince a publisher or third-party to help out with its ideas.“We have so many new IP concepts that are in our incubator, that are ready to explode,” Pitchford said.“We could wait for the right publishing partner who’s willing to make a…

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Nintendo is buying Luigi’s Mansion 3 studio Next Level Games

By Alex Calvin, Tuesday, 5 January 2021 17:57 GMT This is the first studio acquisition that the platform holder has made since 2007. Japanese games giant Nintendo is acquiring the developer that made Luigi’s Mansion 3, Next Level Games.In a release on its investor page, Nintendo said that the deal is expected to be finished by March 1 of this year. The Vancouver, Canada-based outfit has worked on a number of Nintendo IP, including Super Mario Strikers, Metroid Prime: Federation Force and Punch Out! for the Wii. The company hasn’t just worked for Nintendo, however, having collaborated with the likes…

Indie darling Devolver has bought Serious Sam maker Croteam

By Alex Calvin, Thursday, 22 October 2020 12:28 GMT Croatian studio Croteam has been snapped up by indie publisher Devolver Digital.This new union was announced on Devolver’s website and follows a long history between the two companies. Croteam was founded back in 1992 and is best known for the Serious Sam games, as well as 2014’s The Talos Principle.2001’s Serious Sam: The First Encounter was published by Gathering of Developers, a company founded by some of the people who would later go on to set up Devolver in 2009.“A decade ago Devolver Digital was just getting started and looking for…