Nacon Corporation acquires Daedalic Entertainment in a $60 million deal

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Nacon has announced its intention to acquire video game developer and publisher Daedalic Entertainment in a deal worth 53 million euros ($60 million).

Already having a publishing partner for the upcoming title The Lord of the Rings: Gollum, the two companies have decided to tighten their partnership, which will allow Nacom to acquire some of the intellectual property. The deal will also see Nacon benefit from Daedalic’s publishing and development expertise.

Carsten Fichtelmann, Founder and CEO, and Stephan Harms, COO will continue to run the company with a high degree of autonomy in development and publishing. Nacon will support future projects by combining forces through its sales, publishing and marketing teams.

Daedalic Entertainment, a studio known for developing point-and-click adventure games and an independent publisher, was founded in 2007 and is headquartered in Hamburg. It has developed and published more than 90 games and is one of Germany’s oldest and largest independent video game companies with a team of 87 people.

The studio has developed games for franchises like Ken Follett’s The Pillars of the Earth, and their own IPs include the Deponia series, Shadow Tactics, Blackguards, and The Whispered World. Daedalic Entertainment has nine more new games announced for release in 2022.

Through the acquisition, Nacon hopes to position itself as a leader in games, and it will be the 16th studio to be acquired in less than four years.

“We know, through our current partnership on Gollum, that Nacon and Daedalic share the same values ​​and the same goal of delivering an exclusive experience,” said Alain Falc, President and CEO of Nacon. unique to the player. “Therefore, it makes sense to go further together and we are extremely excited about this acquisition. It represents an important step in Nacon’s strategy.”

Carsten Fichtelmann, founder and CEO of Daedalic said: “After the tumultuous years we have always led, I feel proud as I look back on the past 15 years and the growth of the company.

“Daedalic Entertainment has established itself as a publisher and developer of exceptional games across genres and across all relevant platforms, and has cemented that position globally. Together with Nacon, We’re now taking the next step to further develop our portfolio of games with our own team and an incredible variety of indie studios.

“We’re looking back at the trusting and collaborative partnership in The Lord of the Rings: Gollum and working together towards a brighter future.”

Gollum, the upcoming action-adventure, is based on the Lord of the Rings and follows the character Gollum before the events of the trilogy and The Hobbit. It is scheduled to release sometime this year on PC, PS4, PS5, Switch, Xbox One, and Xbox Series X/S.

https://www.vg247.com/nacon-group-to-acquire-daedalic-entertainment-in-60-million-deal Nacon Corporation acquires Daedalic Entertainment in a $60 million deal

Fry Electronics Team

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