The Interactive Focus Home Video Game Editor has indeed announced the acquisition of 77.5% of the capital of Dotemu, one of the retroaming kings.
Both developer and publisher, Dotemu is famous for giving birth to more than fifty retro games on console, PC and mobile phone. Obviously, its recent good results have undoubtedly decided Focus to recover such a jewel of the Crown of France.
DOTEMU is indeed a strong growth company that achieved a turnover of 14.6 million euros in 2020.
and the dowry?
The amount of the transaction is 38.5 million euros at the time of carrying out the operation. Knowing that an additional payment of 15 million euros payable according to revenue elements will be made at the end of December 2022 and is provided followed by a possible second price supplement "conditioning to performance indicators (EBIT ) Over the next two exercises, "said tonight of full moon.
The operation will be entirely financed with the available cash fee of Focus Home interactive. The closing of the operation is expected during the month of September.
Mr. Christophe Nobileau, Chairman of the Executive Board of Focus Home Interactive said:
The arrival of Dotemu marks a key step in accelerating group growth and the diversification of our know-how. By enriching our editorial line, we open a new income stream and new market share to conquer on a growing sector. We are delighted to welcome the Talent Focus group such as Cyrille Imbert and its teams that have made attractive and give a new IE to games for millions of players around the world.
This operation illustrates our desire to federate talents through the long-term partnership with Cyrille that remains President and Shareholder of Dotemu and becomes a member of the Executive Committee of the Group and Future Focus Home Interactive.
This operation is only one more step in our growth history. After the integration of the DECK13 studios and Streum on, we continue to look for other companies with high potential to accelerate our development and expand our offer.
more retro games in view
Mr. Cyrille Imbert , President of Dotemu added:
Join the Focus Home Interactive Group presented as an obvious choice for Dotemu. We share the same passion for video games, the constant willingness to improve, as well as the same values of respect and benevolence towards our teams and partners. While continuing its activities, this new collaboration will allow DOTEMU to be able to benefit from the undeniable know-how of the interactive Focus Home teams for the production of AA securities and thus launch the production of future remakes or suites on first generation licenses. 3D consoles.
** While maintaining the editorial and strategic independence that has made its success, DOTEMU can give further ambition to its projects and to give themselves the means to expand the range of services offered to the studios to ensure the success of their Production on the retro label but also on the Publishing the Arcade Crew label.
** DOTEMU is therefore ideally positioned to reach its ambitious growth plan to triple its revenue in the medium - term. My mission will also be sharing DOTEMU's know - how to Focus Home Interactive teams, select and convince talented teams to join the group to build a key player in global video game.
What to expect even more "retro" games in the future "? Without a doubt ... What do you think of this acquisition?
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