Simply Trigger three developer Avalanche Studios acquired by Nordisk Movie

 

By Stephany Nunneley,
Wednesday, 30 Might 2018 21:47 GMT

Simply Trigger developer Avalanche Studios has been bought by Nordisk Movie.

Nordisk Movie introduced at the moment it’s buying full possession and shares of all three Avalanche Studios, together with the one it opened final week in Sweden.
The corporate turned the minority shareholder in Avalanche final yr, when it bought over $10 million of the studio’s inventory.
The acquisition is alleged to be price €89 million ($103 million), in response to GI.biz, with Avalanche Studios at present valued at €117 million ($136 million).
“This was simply the right offer, at the right time, from the right company,” Avalanche CEO, Pim Holfve instructed GI.biz.
“We have worked closely with Nordisk Film as a minority owner for the past year, which has been a great experience. As good as we are at developing explosive open-world games, they have a 111-year history of working with companies within the creative industries, and bring with them a wealth of knowledge and experience.”
Holfve went on to say Nordisk Movie is “fully committed” to the studio’s street map, and the builders will be capable to preserve inventive independence.
Avalanche launched two video games in 2015, Mad Max in September adopted by Simply Trigger three in December. It was introduced earlier this month the corporate was working alongside id Software program on Rage 2.

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