Gamigo Makes Trion Purchase Official, With Possible Exclusion Of One Game
Not that there was any doubt to its veracity, but the news of two days ago has been official confirmed: gamigo has acquired the "major assets" of Trion Worlds, giving the German publisher "full publishing rights" to the American developer's IPs and games.
The press release announcing the transaction is full of the usual business-speak, including talk of "strengthen[ing] gamigo's position in the European and American gaming market" to "unlock substantial synergies" and "benefit from the remarkable growth potential that the gaming market offers." The acquisition is expected to add $18 million to gamigo's revenue, "following the restructuring and integration of Trion" -- a process that, as indicated by the massive layoffs at Trion Worlds, has apparently already begun.
An interesting point, however, is that one game is left out of the announcement, which describes Trion and the sale as:
publisher and developer of online and console MMO-games, well-known games such as Rift, Defiance, Trove and ArcheAge in its portfolio. Trion was acquired via an "Assignment for the Benefit of the Creditors" process, in which the buyer only buys those assets, with which he wishes to continue the business.
Notice something missing there? Atlas Reactor isn't named as one of Trion's games, so it may not be one of the "assets" that gamigo "wishes to continue." I originally thought that two of Trion's games were in trouble, but, judging by this wording, maybe Defiance will survive the transition, while Atlas Reactor is headed for the scrap heap.
About the Author
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.
You May Enjoy
Elder Scrolls Online Update 7.2.0 Ends The Gates of Oblivion Story, Fixes Power Creep, And More
There’s new graphics tech as well.By QuintLyn Bowers - 1 week ago
LotRO's Fate Of Gundabad Expansion Now Available For Purchase
Includes new Brawler class, level cap increase, and instances.By Jason Winter - 19 hours ago
With The Cycle Moving To Closed Beta On The Revamp, Current Servers Will Close Soon
Most cosmetics will transfer to the revamped version, though!By Michael Byrne - 5 days ago
Final Fantasy XIV Live Letter Covered Lots Of Exciting Job Adjustments And Quality Of Life Changes
We’re going to have to wait a bit longer for the Data Center Travel system, though.By QuintLyn Bowers - 1 week ago
Pokémon Unite Launches For Android And iOS Devices, Has Full Cross-play With Switch
Log in to mobile by Oct. 31 to receive Pikachu and a skin.By Jason Winter - 5 days ago
Everquest II’s Latest Event Gets People Ready For Vision Of Vetrovia
If you aren’t already geared and leveled, this will help things along.By QuintLyn Bowers - 6 days ago