Irish video game studio closes last acquisition in North America



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  • The Irish video game studio closes its last acquisition in North America

    Independent.ie

    The Irish video game company Keywords Studios acquired the Canadian Snowed In studios for $ 4 CAD. m (2.6 million euros).

    https://www.independent.ie/business/irish/irish-videogaming-studio-closes-its-latest-acquisition-in-north-america-37140001.html

    https: //www.independent .ie / business / article37140000.ece / 93716 / AUTOCROP / h342 / 2018-07-21_bus_42651953_I1.JPG

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Irish Society of Video Games Keywords Studios acquired Canadian Snowed In Studios for CA $ 4 million (2 , € 6 million)).

Founded in 2010, Snowed In provides engineering and co-development services to the video game industry, and has established relationships with clients such as Ubisoft and Bethesda. It recorded a C $ 0.8 million profit for its last fiscal year ending January 31, 2018, out of C $ 2.4 million. The firm has 29 employees at its Ottawa office, headed by current owners who will remain within the company.

"The addition of Snowed In to the group will add strength and stature to our newly established engineering services lineup and will allow Snowed In Andrew Day, CEO of Keywords, to declare:

The month Last, Keywords announced the acquisition of Blindlight in Hollywood for a total amount of $ 10 M (€ 8.5 m).

Irish Independent


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