THQ Nordic’s mother or father firm, the Embracer Group, has additional expanded its online game business presence this week with one more studio acquisition. This time, a €50 million buy of Vertigo Video games by means of its Koch Media subsidiary sees the corporate diversify into the VR market.

Vertigo Video games CEO Richard Stitselaar in a press launch:

“Since we determined to focus solely on digital actuality gaming in 2013, we have now skilled speedy progress with the discharge of worldwide hit Arizona Sunshine, and we have now our most formidable venture so far, After the Fall.

The digital actuality gaming market appears to be on the sting of actually taking off with the approaching collectively of higher, extra accessible {hardware} and increasingly more high-quality content material being launched and introduced. We imagine that now’s the time to speed up and in Koch Media and Embracer we have now discovered the proper accomplice to take action along with.”

Koch Media CEO Dr. Klemens Kundratitz additionally weighed in:

“Now we have been monitoring the digital actuality market over the previous years very carefully. We really feel that now’s the fitting time to increase our teams actions into this fast-growing market. I’m certain that we’re solely firstly of the technological growth of digital actuality and what it provides gamers across the globe.

We’re delighted that with the acquisition of Vertigo Video games, main digital actuality specialists are becoming a member of our group. Collectively, we’ll push the boundaries of digital actuality gaming even additional, combining our sturdy world growth and publishing community with their specialised digital actuality video games experience.”

A part of at this time’s press launch cites the success of Vertigo Video games’ Arizona Sunshine as a key driving pressure behind its buy rationale. The four-player co-op zombie VR shooter is estimated to be among the many platforms hottest with over a million copies bought.

Vertigo Video games can be recognized for the award-winning Fisherman’s Story puzzle journey recreation.

The Embracer Group has recurrently been including to its steady of video games studios in recent times; most not too long ago, the corporate acquired a number of new studios in a single week, together with Uncommon Earth Video games, Palindrome Interactive, Vermila Studios, and extra.

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