Denmark-based game developer Nordisk has acquired a minority share in Supermassive Games; it has been announced. Supermassive Games is well-known as the creators of Until Dawn and The Dark Pictures Anthology. The financial details about the investment have not been disclosed.
According to the deal, Nordisk will retain 30.7% ownership in Supermassive. The studio already owns Avalanche Studios and has a 40% of MercurySteam.
The studio also has investments in Star Stable Entertainment and Raw Fury. Supermassive Games will be the ninth games company in Nordisk’s portfolio and Nordisk’s first investment in a UK-based game company.
“We are delighted to have Nordisk Games alongside Supermassive for what we are sure will be very exciting times ahead. From the moment Joe and I met with Martin (Walfisz) and Mikkel (Weider), we were convinced that Nordisk would be great partners for us, and we feel privileged to welcome Nordisk Games’ expertise to our Board,” said Supermassive Games CEO Pete Samuels.
“Our companies share a passion for delivering beautiful games with stories that emotionally engage, and we are very much looking forward to working closely with them and their colleagues at Nordisk Film and Egmont,” Samuels said.
“What impressed us about the team at Supermassive – beyond their obvious talent and creativity – was their openness to collaboration and their vision for building the best possible narrative games, Mikkel Weider, MD of Nordisk Games commented.
“In our opinion, there are few studios better at creating rich, narrative-driven games built around unique stories and IPs. It’s a great opportunity for us, and we can’t wait to work alongside Pete, Joe, and the whole Supermassive team as they develop more incredible games in their unique style,” Weider said.
Based in Guildford, UK, Supermassive Games currently has more than 200 staff. The studio is presently working on its upcoming title, The Dark Pictures Anthology, in partnership with another developer Bandai Namco.
The game is a series of standalone horror games, and two entries of the collection, Man of Medan (2019), and Little Hope (2020), have been released so far. The third installment, House of Ashes, is planned for launch this year.
Recently, Japanese games company Nexon has invested a total of $874 million in Bandai Namco, Konami, Sega, and Hasbro, among others, as part of its investment program.
In February this year, Bandai Namco acquired a minority stake in Germany-based games company Limbic Entertainment. Limbic Entertainment is the developer of Might & Magic, strategy title Tropico 6, and Memories of Mars.