Umeå-based Zordix has recentrly entered an agreement to acquire 100 percent of the shares in the British game publisher and game developer Merge Games, for a total of SEK 112 million. With the acquisition, Zordix achieves revenue of more than SEK 500 million.
Zordix is a multinational developer, publisher and distributor of games, headquartered in Umeå, whose business concept is to develop and publish games for consoles and PCs in the global market. Over a 25-year period, the group has participated in over 60 launched games on a world market and today consists of three studios that develop games, publisher and a distributor.
British Merge Games is an independent global publisher and developer of games for PC and console, founded in 2010 by Luke and Joanne Keighran, who still run the Company. Since its founding, the company has taken on several well-known titles such as Darkest Dungeon, Dead Cells, Cloudpunk, Streets of Rage 4, Yonder: Cloudcatcher Chronicles and Aragami. Recently released titles include Spirit of the North and Morbid: The Seven Acolytes.
– We are very happy and proud to welcome Merge Games to the Zordix family. I am very impressed by Luke and Joanne’s ability to together develop such a successful publishing business for an international market. It’s absolutely fantastic that they are driven by the same enthusiasm as the other entrepreneurs in the group, to build a profitable and expanded business together. Merge Games is an important piece of the puzzle to achieve great success in the future, says Matti Larsson, founder and CEO of Zordix.
Merge Games has a strong market position and a long history of successfully deliver games to new platforms and markets. Through the acquisition, Zordix strengthens its publishing capacity and sees good opportunities to further accelerate Merge Games’ growth through collaboration with other companies within the Group and launch ongoing and new development projects in-house.
Text: Digital impact north