LogInThe developer of The Lord of the Rings: Gollum will join the Nacon family in 2022.
A French game publisher Nacon has announced the acquisition of Daedalic Entertainment, a game development studio known for such titles as State of Mind, the Deponia series, and the upcoming The Lord of the Rings: Gollum, which is planned to be launched later this year.
According to Nacon, the acquisition of 100% of the share capital and voting rights of Daedalic Entertainment will have an overall maximum price of €53M on the basis of a net price of €32M in cash upon signature and an earn-out payable for 100% in cash, based on performance until 2026. Final completion of the transaction is expected to take place in 2022.
Nacon also adds that Daedalic Entertainment's CEO Carsten Fichtelmann and COO Stephan Harms will continue to run the company with a high degree of autonomy in development and publishing.
"We knew, through our current collaboration on Gollum, that Nacon and Daedalic share the same values and the same objectives to deliver unique experiences to gamers. Therefore, it seemed logical to go further together and we’re extremely happy with this acquisition. It represents a significant step in Nacon’s strategy," says Alain Falc, Chairman and CEO of Nacon.
"After eventful years in which we always came out on top, I feel proud looking back at the past 15 years and the development of the company. Daedalic Entertainment has established itself as a publisher and developer of exceptional games across various genres and on all relevant platforms and has cemented that position globally," says Carsten Fichtelmann, Founder and CEO of Daedalic Entertainment. "Together with Nacon, we are now taking the next step to further develop our catalog of games created by our own team as well as many incredible indie studios. We are looking back at a trusting and cooperative collaboration on The Lord of the Rings: Gollum and forward to an even brighter future together."
You can learn more about the acquisition here. Also, don't forget to join our new Reddit page, our new Telegram channel, follow us on Instagram and Twitter, where we are sharing breakdowns, the latest news, awesome artworks, and more.