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Jobs Roundup: March 2023 | Diablo co-creator Erich Schaefer joins Moon Productions

Jobs Roundup: March 2023 | Diablo co-creator Erich Schaefer joins Moon Productions
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Vancouver-based Mobile Free-to-Play Game Developer A Thinking Ape Entertainment Acquired by Embracer Group for $28 Million US (plus Earnout)

A Thinking Ape Entertainment Ltd.. Founded in 2008 and based in Vancouver, A Thinking Ape is a developer of mobile Free-to-Play (FTP) games with a social core. The day one purchase price amounts to approximately MUSD 31 equivalent to MUSD 28 on a cash and debt free basis and is paid in cash and newly issued Embracer B shares plus additional consideration over 10 years, subject to fulfilment of agreed financial milestones, of a maximum MUSD 74. A Thinking Ape is one of the most respected mobile game studios in the industry. They ve been successful for over a decade and we believe they are on the cusp of stepping up to an even bigger level. I m delighted to join forces with Kenshi and the rest of his team

Vancouver gaming studios Thinking Ape and IUGO Mobile acquired by Swedish firm

Party in My Dorm, Kingdoms at War, Kingdom of Heckfire. These titles have generated USD$190 million in revenue and spurred the creation of 30 million accounts to date. IUGO, founded in 2003, is best known for its mobile title of  The Walking Dead: Road to Survival, released in 2015. This game has more than 45 million installs globally and was named as one of the best games of 2016 on Google Play. They have an original game currently in production, with expected release during 2021. “A Thinking Ape is one of the most respected mobile game studios in the industry. They’ve been successful for over a decade, and we believe they are on the cusp of stepping up to an even bigger level. I’m delighted to join forces with Kenshi Arasaki and the rest of his team,” said Ken Go, founder and CEO of DECA Games, in a statement.

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