Paradox Interactive is considering “some acquisitions of companies or IPs”

Paradox Interactive, publisher of the hit strategy game series Crusader Kingsis considering buying other companies and intellectual property (IP) over the next few years.

That’s according to Paradox Interactive CEO Fredrik Wester, who, in a company presentation, confirmed that the publisher “could be doing some sort of transparent IP or corporate acquisitions.” one or more years to come” (via PCGamesN).

However, Wester also reiterated that any such acquisition would not be “the primary focus of our operations”.

Wester also stated that Paradox Interactive is still investing in “core” projects, focusing on strategy games and management games, including Victoria 3. The publisher also has an action role-playing game Vampire: The Masquerade – Bloodlines 2 in works.

Jordan Oloman summarizes in NME’s review of Crusader Kings III.

The past two years have been quite impressive for acquisitions in the industry. Last year, Microsoft acquired Bethesda for £6 billion ($7.5 billion), before announcing its intention to acquire Call of Duty and Overwatch publisher Activision Blizzard for £50 billion ($68 billion). USD).

Not to be outdone by Microsoft, Sony announced that it has acquired Destiny developer Bungie for £2.6 billion ($3.6 billion).

At the beginning of the month, Embracer Group acquired many of Square Enix’s western studios and industrial estates for £240 million ($300 million), including franchises such as Tomb Raider, Deus Ex, Thief and The legacy of kain.

In other news, developer Gearbox said there are a total of nine AAA games in development. The announcement comes from Gearbox’s parent company, Embracer Group, which says, “Gearbox continues to scale its organization to deliver on its ambitious growth plans, and currently has nine AAA games in development. ”

https://www.nme.com/news/gaming-news/paradox-interactive-is-considering-some-acquisitions-of-companies-or-ips-3230619?utm_source=rss&utm_medium=rss&utm_campaign=paradox-interactive-is-considering-some-acquisitions-of-companies-or-ips Paradox Interactive is considering “some acquisitions of companies or IPs”

Emma James

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