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Elite Dangerous and Planet Zoo developer Frontier Developments has acquired Canadian studio Complex Games in a deal price as much as £11.6 million ($13.3 million).
The transfer will see Frontier pay an upfront money consideration of £8.3 million, which can be adopted by a conditional deferred money consideration of £3.3 million primarily based on sure operational milestones.
The deal marks Frontier’s first exterior studio acquisition, and in response to the corporate will enable it to additional improve its portfolio of “genre-leading titles.”
Complex is finest identified for creating turn-based tactical RPG, Warhammer 40,000: Chaos Gate – Daemonhunters, which was printed by means of Frontier’s third-party recreation label in May 2022.
The Winnipeg-based studio was based in 2001 and boasts a 20-strong growth workforce with expertise working throughout a wide range of genres and platforms.
Complex mentioned the acquisition will allow it to extra carefully collaborate with Frontier to “develop and evolve” its enterprise with a view to creating extra bold future titles and supporting Warhammer 40,000: Chaos Gate.
Frontier CEO, Jonny Watts, echoed these remarks and mentioned the acquisition will enable Frontier to increase in Canada by establishing a core growth footprint within the area.
“When we launched our third-party publishing technique in 2019 we have been excited by the potential to align our Frontier Foundry growth companions extra formally with Frontier by means of acquisition,” mentioned Watts in a press launch.
“Our expertise with Complex Games on Warhammer 40,000: Chaos Gate – Daemonhunters has been terrific, and I’m delighted to welcome Noah and the workforce to Frontier, with a view to rising and evolving our growth workforce in Manitoba, Canada. This is Frontier’s first acquisition and we’ll proceed to discover alternatives to develop Frontier’s assets to additional develop and nurture our portfolio.”
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