Devolver Digital has now acquired System Era Softworks, who made the popular space exploration and industry game ASTRONEER. The deal is for "up to" $40 million USD done through a mixture of cash and shares, with $22 million USD due as initial consideration.
Makes sense since Devolver initially missed a publishing deal for it, as explained by System Era in an announcement post and since then ASTRONEER has gone on to generate over $87 million USD of gross revenue and has been played by over 13 million people!
System Era will be a first-party Devolver studio now, keeping their brand and team together, and System Era say they have plenty of plans to keep expanding ASTRONEER during 2024.
In an era of many companies being swallowed up, and game industry consolidation, at least Devolver Digital seems like one of the more reasonable publishers to join with.
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