For a "maximum price of 35M€".
The Melbourne-based Big Ant Studios will be acquired by publisher Nacon, the pair have today proclaimed.
“The integration of Big Ant into the Nacon group will enable the studio to increase its investment capacity to develop a broader and more ambitious games catalog,” Nacon said in a press release.
The release also confirmed that founder Ross Symons will remain as the head of the studio and will operate it “with a high degree of autonomy so that they can concentrate on the creative side of their productions, while benefiting from the sales, editorial and marketing support of the Nacon teams.”
The acquisition will have an “overall maximum price” of $35 million Euros paid in both cash and shares.
“This acquisition represents a significant step in Nacon’s strategy,” said Alain Falc, Chairman and CEO of Nacon. “It significantly strengthens our ability to create new sports games that match our ambitions in the AA segment. Through this transaction, we intend to become the world’s leading player in rugby, tennis and cricket. Nacon is also proud to welcome the talents of Big Ant, one of the most creative studios in the industry, and we will support its growth on new, even more ambitious projects.”
“We are delighted to join the Nacon group, a leading international player in the video game industry, driven by a vision and ambition that fully corresponds to our culture and development targets,” added Big Ant’s Symons. “Joining the Nacon Group is a unique opportunity to significantly increase our production resources in order to create ever more qualitative games and to optimize our operations.”
Big Ant and Nacon previously teamed up for Tennis World Tour 2. Big Ant is also the developer of titles including AO Tennis, Cricket 19 and Big Bash Boom.
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