Mobile gaming revenue is projected to increase by 4% year-over-year to $111.4 billion in 2024, according to a new Data.ai report.
16.11.2023 - 16:27 / ign.com
Boutique video game publisher Annapurna has announced its first acquisition, 24 Bit Games, for an undisclosed fee.
Based in Johannesburg, 24 Bit Games is described as South Africa’s “largest and most successful” game company, and has worked to support development on a number of Annapurna games, including the recently released and superb Cocoon.
The acquisition of 24 Bit Games expands Annapurna’s Interactive Division, the company said, and will help the studio grow its development team. “Annapurna has been working with 24 Bit for many years, and we value not only the caliber of their work, but their team as well,” said Deborah Mars, Co-Head, Annapurna Interactive. “They’ve always shared our commitment to quality, and by taking our partnership to the next level we feel like anything is possible.”
“We deeply respect Annapurna’s approach to curating a portfolio of great games, its value system around building and extending IP, as well as the company culture,” said Luke Lamothe, CEO of 24 Bit Games. “We have truly enjoyed working together over the years, and we believe we are joining Annapurna at an exciting moment of growth and expansion.“
Annapurna has published the likes of Thirsty Suitors, Stray, Outer Wilds and Neon White. At an Interactive Showcase event in June, Annapurna revealed the first Blade Runner game in 25 years, a new trailer for Lorelai and the Laser Eyes, and more.
Wesley is the UK News Editor for IGN. Find him on Twitter at @wyp100. You can reach Wesley at [email protected] or confidentially at [email protected].
Mobile gaming revenue is projected to increase by 4% year-over-year to $111.4 billion in 2024, according to a new Data.ai report.
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