The Italian publisher Digital Bros. will increase its share in Starbreeze to more than 30%, through the acquisition of all assets held by Crossfire developer Smilegate. The deal valued at €19.2m will also give Digital Bros. 40% of voting rights.
Starbreeze’s pirme asset has been the Payday franchise. The console versions of Payday 2 were published through Digital Bros. subsidiary 505 Games, and the online shooter has been successful for many years.
Currently in development is Payday 3, and it is expected to become Starbreeze’s another success also very lucrative for its publisher. According to the statement of Digital Bros., it has the potential to “earn out of up to US $40 million on 33% of net revenues” from Payday 3.
Digital Bros. described the increase of its stake in Starbreeze as “a step enabling the Group to exert greater control over the corporate strategy of Starbreeze AB going forward.”
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