Game company Focus Home Interactive has recently announced its acquisition of the world leader in retrogaming, game developer and publisher Dotemu.
Dotemu is known for having released more than fifty retro games on consoles, PC, and mobile devices. It is composed of talented and passionate people of 30, and has already demonstrated its expertise in discovering and updating old cult licenses and then modernizing them for the current era of gaming. The company has grown quite fast recently and even achieved a turnover of 14.6 million euros with big plans of grown for the years ahead.
The retrogaming company has already developed and re-released several legendary franchises like Final Fantasy, Another World, Double Dragon, and most recently Street of Rage, which has already been played by over 2.5 million people worldwide. It has also developed in-house via its development team like Ys Origin, Heroes of Might and Magic III HD and upcoming Windjammers 2.
Christophe Nobileau, CEO of Focus Home Interactive, declared: “The arrival of Dotemu marks a key step in the acceleration of the Group’s growth and in the diversification of its expertise. By enriching our editorial line, we are opening up a new revenue stream and new market shares to conquer in a fast-growing sector.
We are delighted to welcome to the Focus Group talents such as Cyrille Imbert and his teams, who have succeeded in making games attractive and giving them new life for millions of players around the world. Finally, this deal is just another step in our growth story. Following the integration of the Deck13 and Streum On studios, we are actively looking for other high-potential companies to accelerate our development and expand our offer.”
Cyrille Imbert, CEO of Dotemu, added: “Joining the Focus Home Interactive Group was an obvious choice for Dotemu. We share the same passion for video games, the same desire to improve, as well as the same values of respect and benevolence towards our partners and teams. While continuing its activities, this new collaboration will allow Dotemu to benefit from the incontestable expertise of Focus Home Interactive’s teams for the production of AA titles and thus launch the production of future remakes or sequels on licenses of first-generation 3D consoles (the games of the early 2000s).
While retaining the editorial and strategic independence that has made it so successful, Dotemu will be able to give even greater ambition to its projects and give itself the means to broaden the range of services offered to studios, in order to guarantee the success of their productions on the retro label as well as on the publishing label The Arcade Crew. Therefore, Dotemu is ideally positioned to achieve its ambitious growth plan to triple its turnover in the medium term. My mission will also be to share Dotemu’s expertise with Focus Home Interactive’s teams, to select and convince talented teams to join the Group in order to build, together, a key player in the video game industry on a global scale.”
Focus Home Interactive is expanding its offering and editorial line through the acquisition of Dotemu, which will continue to publish and produce unique titles with strong commercial potential, driven by cult video game and pop culture licenses such as Teenage Mutant Ninja Turtles and Metal Slug Tactics, as well as other quality titles to be announced in the coming months. Above all, Dotemu will benefit from Focus Home Interactive’s expertise in the field of AA games, which will enable it to develop even more ambitious projects.
In addition, with this deal, Focus Home Interactive is building up its technical capabilities for the development of independent games. Dotemu’s teams will thus be able to provide even more ambition to the young independent publishing label The Arcade Crew. After successful productions such as The Last Spell or Dark Devotion, The Arcade Crew is preparing many other ambitious productions such as Young Souls and other quality titles to be announced in the months ahead.
Source: Press Release