Tuesday, November 5, 2024

Devolver Digital launched with a value of 820 million euros; Sony acquires 5%

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Independent game publisher Devolver Digital has grown exponentially in recent years and has begun trading on AIM, a sub-market of the London Stock Exchange worth $950 million, or €822 million. as revealed gaming industryAnd Sony invested a minority of 5%; Devolver’s European law firm Fieldfisher confirmed it had received a “significant strategic investment from a major player in the industry.”

Devolver Digital was founded in 2009 in Austin, Texas, and over time has become a publisher of like successes Hotline MiamiAnd fall guys and recently death door; Currently many projects announced on behalf of strange westAnd Shadow Warrior 3And Demon strangle And Talos principle 2.

“Public for sale is the right choice to continue growing by supporting more great games.”said Douglas Morin, CEO of Devolver. “Most importantly, it will allow us to preserve our culture” and thus be able to invest in new talent and seek new partners that they could not have considered before. “Over the past year or so, we have gained partners Croteam veterans and friends (jad samAnd Talos principle), dodge roll (Enter Gungeon), nerial (prevailAnd shark card) and FireFly Studios (series stronghold). “The games and experiences planned by these four studios are amazing and each retains its creative independence,” says the editor.

Industry in full focus

Sony’s investments will have no practical impact on Devolver Digital’s decision-making process, but it is yet another example of that Industry focus Which in recent years has seen the number of developers and even publishers wholly or partly acquired by companies like Tencent and Microsoft. In the case of Sony has He got more studies in the last year Compared to a decade ago thanks to the purchase of Bluepoint Studios, Firesprite – which in turn bought Fabrik Game – Nixxes or Insomniac Games.

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