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June 05, 2007
Darmstadt's 10tacle Acquires Hot Hungarian Games Startup
Fresh from raising €6M in a private placement, 10Tacle Studios has acquired Stormregion Szoftverfejlesztő Kft of Budapest in a deal that should boost the German startup's bottom line, it said in a statement. The German games startup, which has some interesting backers as we've reported, is listed on the Entry Standard.
Stormregion is a pretty successful company so far. It created Codename Panzers, distributed in Europe by Electronic Arts, and employs 95. Its state of the art game is entitled “Codename Panzers: Cold War”. It had about €2M in equity and the IP rights to the “Codename: Panzer” series, as well as a development tool and games engine that is now the excluisve property of 10tacle's studios.
Read - SAP Founders Fund (alarm:clock euro)
View - 10tacle
Posted on June 5, 2007 06:34 PM | Posted to News And Updates | Permalink
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