Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Learn more.
Nacon announced yesterday that it acquired game developer Daedalic Entertainment for €53 million, or just over $60 million. The two companies are working together on the upcoming game Lord of the Rings: Gollum.
According to Nacon, it will eventually acquire 100% of the voting rights of Daedalic, as well as its in-house IPs. These include Deponia and the Edna & Harvey series. It added that Daedalic’s current leadership team will continue to run the studio with “a high degree of autonomy in development and publishing.”
Alain Falc, Nacon’s CEO, said in a statement, “We knew, through our current collaboration on Gollum, that Nacon and Daedalic share the same values and the same objectives to deliver unique experiences to gamers. Therefore, it seemed logical to go further together, and we’re extremely happy of this acquisition. It represents a significant step in Nacon’s strategy.”
GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Learn more about membership.