Announced
Completed
Financials
Tags
Domestic
Private
Friendly
Completed
Single Bidder
development studio
United States
Acquisition
Majority
Gaming
Synopsis
Devolver Digital, an American video game publisher based in Austin, Texas, specializing in the publishing of indie games, completed the acquisition of System Era Softworks, a small development studio led by veteran game developers, for $40m. "The thing that excites me the most about System Era is the cultural and strategic fit with Devolver. This is a highly experienced, talented group of developers who come with a proven hit, Astroneer, in its eighth year. Their know-how in Expandable Games development opens up a new player-base and revenue stream for Devolver. We are looking forward to bringing the fun to new players in new, innovative ways - and above all welcoming the team to Devolver in coming days and months," Douglas Morin, Devolver Digital CEO.
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