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Paradox is going to be buying Harebrained Schemes

Date Type Companies involved Size
June 6th, 2018 Harebrained Schemes
Paradox Interactive
$0m
7.5m
Paradox is going to be buying Harebrained Schemes

The developer behind Battletech and Shadowrun Returns Harebrained Schemes is going to be a part of Paradox's portfolio.

The Stockholm-based publisher has announced it will be acquiring the studio, which will be acting as an internal developer.

This follows Paradox acting as publisher on Harebrained Schemes Kickstarted mech title BattleTech. 

Reports from Polygon point to a $7.5m deal but there hasn't been anything official from either parties just yet. 

“Harebrained Schemes have proven themselves as a world-class studio with a very talented team within a genre where Paradox wants to be present,” said Paradox chief Fredrik Wester.

“In addition, we really like the studio, the people who run it, and their games; these are all absolute hard criteria for us in any acquisition. Our recent successful launch of BattleTech, our first project together, has been a fantastic collaboration, but the possibilities of what we can do together in the long term now that we’ve joined forces -- that’s what has us truly excited.”

Harebrained Schemes CEO Jordan Weisman added: “Mitch and I started Harebrained to create the kind of story-rich tactical games we loved,” said “and for the last seven years, our studio has been fueled by our team’s passion and by the generous support of our fans. As the scale of our games has grown and the marketplace has gotten extremely noisy we felt that HBS needed to team up with a company that could provide us the financial stability and marketing expertise that would allow us focus on what we love doing - making great games and stories.”


Editor - PC Games Insider

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he was hired to launch PCGamesInsider.biz for Steel Media before departing the firm in October 2019.

He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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