ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

News

Outsourcing firm Winking Studios to acquire China's Mineloader

Date Type Companies involved Size
January 17th, 2025 acquisition Mineloader
Winking Studios
$19.9m
Outsourcing firm Winking Studios to acquire China's Mineloader

Asian triple-A outsourcing firm Winking Studios has acquired China's Mineloader. 

The deal is worth £16.3 million ($19.87 million), broken up into an upfront payment of $14.7 million and the remainder being paid out over the next five years based on whether the Shanghai-based outfit hits performance milestones. 

Mineloader was founded in 2003 and is an art outsourcing developer. 

“This marks our largest acquisition to date and represents a pivotal step that augments our position in the global video games industry, unlocking new horizons for growth and innovation," Winking Studios CEO and founder Johnny Jan said.

“Game art is essential in a video game's development, serving as the visual foundation and creative ingenuity that engages players and shapes their gaming experience. Together with a reputable track record and a speciality in game art production, Mineloader’s team of more than 460 employees will be a valuable addition to our Group’s existing headcount of over 800, boosting our service offerings in this segment and adding new clients. Mineloader’s established experience and presence in the Japanese market is also a notable value add to our Group’s business networks.”


PCGamesInsider Contributing Editor

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 joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.