Swedish gaming group Zordix AB has announced the acquisition of Maximum Games for $42 million upfront in cash and shares and an estimated earn-out of $30 million in cash and shares.
Maximum Games is the global game’s publisher and distributor with over 300 titles in its catalog that operates independent publishing label Modus Games, as well as Modus Studios development team in Brazil. With the new acquisition, Zordix can significantly expand its capabilities and resources, laying the foundation for global growth in the AA gaming space.
Matti Larsson, founder and CEO of Zordix had this to say about the acquisition of Maximum Games,
With Maximum Games on board, we are now equipped with an incredible infrastructure that has a history of proven success in all aspects of game publishing. The experience Maximum Games brings to the table enables us to scale tremendously, which of course means more exciting games on the horizon!
On the other hand, Christina Seelye, the founder and CEO of Maximum Games will now serve as the COO at the group level. Seeyle had this to say,
We are extremely honored to join Zordix and continue the evolution of both companies hand-in-hand. This move enables us to invest in more wholly owned IP, development studios, and the fostering of what we love most – awesome games.
Maximum Games employs 78 people and has offices in the US, UK, and Brazil. Established in 2009, Maximum Games has grown to a top 20 games company worldwide. Its publishing label, Modus Games, has successfully shipped 16 games in the three years since its inception in a variety of genres across PC, mobile, cloud and console platforms, including Super Animal Royale, Cris Tales, and Trine 4.
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