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Climax Studios acquired by Keywords Studios to 'strengthen game development' | Development News


Portsmouth-based Climax Studios, one of the UK’s longest-running game development studios, has been acquired by Keyword Studios, one of the industry’s key service providers.
Keywords acquisitions have become a regular feature of our news coverage for many year, initially the company centred on acquiring service provider such art houses, QA, audio and even PR firms.
However, it has also now taken on a significant number of end-to-end game development providers, with Climax Studios joining the likes of d3t, Studio Gobo, Electric Square and Wizcorp, among others.
Even then Climax Studios, which has been running for 33 years, is a major investment with 109 staff led by CEO Simon Gardner. The studio has worked on titles such as Silent Hill: Shattered Memories, Crackdown 3 and Returnal, out next week on PS5. ....

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Keywords Studios acquires Climax Studios for up to £43m | 22 April 2021


22 April 2021 | 09:23am
StockMarketWire.com - Video game services provider Keywords Studios said it had acquired Climax Studios, a provider of game development services to the video games industry, for up to £43 million.
The acquisition will bring significant additional scale to the group s largest service line, game development, the company said.
Founded in 1988 and based in Portsmouth, Climax, led by CEO Simon Gardner, provides full game development, co-development, porting and technical consulting services to game publishers including Sony, Microsoft, 2K, Codemasters and Electronic Arts.
At 9:23am: [LON:KWS] Keywords Studios PLC share price was 0p at 2080p
Story provided by StockMarketWire.com ....

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