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Quirky indie writer Devolver Digital has introduced that it has acquired Astroneer developer System Period.
Devolver says that “virtually a decade of mutual admiration and friendship” has led to this deal, which is able to assist each groups to discover their “new ambitions” collectively.
The partnership virtually started “over eight years in the past”, based on a System Period weblog publish, when Devolver almost signed as much as publish area sandbox journey Astroneer.
It did not pan out then, however System Period says that within the intervening years, Devolver has turn out to be “a typical bearer within the trade for indie improvement”.
That, based on System Period, is what made the writer “a pure match for us”.
Per a press launch, this acquisition is valued at “as much as $40 million”, with $22m due as “preliminary consideration”. The deal shall be cut up between money and shares.
That is the newest Devolver acquisition in a string that additionally consists of Enter the Gungeon developer Dodge Roll and The Talos Precept studio Croteam.
It comes at an attention-grabbing time for Devolver; the studio’s newest monetary outcomes confirmed a decline owing to recreation delays and a comparatively sparse launch slate for the primary half of 2023.
Nonetheless, Devolver did say it anticipated a “return to worthwhile progress in 2024”, and including System Period to its studio roll name might properly contribute to that.
When you’re questioning what this implies for Astroneer, relaxation assured that System Period very a lot intends to hold on enterprise as ordinary relating to the area sandbox.
The studio says it can “hold occurring as earlier than, solely stronger” with Astroneer, and that its upcoming roadmap of 2024 updates will stay in place.
We’ll have to attend and see what Devolver’s partnership with System Period will imply, or what the “new ambitions” each studios have will lead to. Keep tuned for extra.
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