French games publisher Nacon says it is acquiring German developer Daedalic for €53 million ($60 million).
€32 million ($36.3 million) is being paid out in cash upon the deal being signed, with a maximum of €21 million ($23.87 million) being dolled out depending on performance.
Daedalic is a narrative-focused game developer that is currently working on The Lord of the Rings: Gollum. We caught up with the studio back in 2019 to discover how it landed the Lord of the Rings license.
“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," Nacon CEO and chair Alain Falc said. Therefore, it seemed logical to go further together and we’re extremely happy of this acquisition. It represents a significant step in Nacon’s strategy.”
Daedalic founder and CEO Carsten Fichtelmann (pictured) added: “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. Together with Nacon, we are now taking the next step to further develop our catalogue 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.”