Gabriel Stanford-ReisingerAs of late, developer and publisher, DotEmu, has been riding high on their latest releases like Streets of Rage 4, Windjammers, and more. Now, it seems they have a new parent as Focus Home Interactive, known for the Vampyr series, announces their acquisition of the company.
Announced Thursday, the developer was acquired by Focus Home purchasing a 77.5 percent share in the company for €38.5 million (about $45,281,390). On top of that payment, the parent sets its sights on paying an extra €15 million ($17,641,425) if DotEmu hits performance and revenue goals.
Focus Home Interactive is thrilled to announce the acquisition of @Dotemu, a world leader in retrogaming!
We are happy to welcome such talents to the Focus group and can't wait to bring new incredible titles to life together!
More info: https://t.co/4PgglWKifj pic.twitter.com/akhSd9SNmn
— Focus Entertainment (@Focus_entmt) August 5, 2021
Christophe Nobileau, CEO of Focus Home, calls the acquisition a key step to accelerate their growth and diversification. He also touted this is also opening up a new revenue stream for the Vampyr dev.
“The arrival of DotEmu marks a key step in the acceleration of the group’s growth and in the diversification of its expertise. By enriching our editorial line, we are opening up a new revenue stream and market shares to conquer in a fast-growing sector.”
Cyrille Imbert, CEO of DotEmu, called joining forces with Focus Home an “obvious choice” as both companies share a passion for games.
What do you think? Are you interested in what we could see in the future? Tell us below!
