Bigpoint Acquires Radon Labs
Bigpoint Acquires Radon Labs
Company News - posted by VentilatorOfDoom on Tue 1 June 2010, 18:57:20
Tags: Drakensang... and confims Drakensang 3.
Radon Labs, the developer of Drakensang and Drakensang: The River of the Time, has been facing some financial problems as of late. Now they've been taken over by BigPoint GmbH, the worldwide leader in browser-based video games. Exerpt from the press release:
Hamburg, 1st June, 2010 – Bigpoint GmbH (http://bigpoint.com), the worldwide leader in browser-based video games, today announced the acquisition of Radon Labs (http://radonlabs.de), an award-winning game development studio that recently filed for bankruptcy due to financial concerns. With this acquisition, Bigpoint gains more than 35 new employees, including Radon Labs Managing Directors Bernd Beyreuther and André Blechschmidt, who will remain with Bigpoint and direct its newly established Berlin office.
Bigpoint CEO and Founder, Heiko Hubertz, views the deal as an important strategic move for the company, “Under Bernd and André’s leadership, Radon Labs became one of Germany’s top three development studios. We’re excited to add their highly qualified workforce to Bigpoint as we continue to push the limits of what’s possible in online gaming. This acquisition is also greater proof that the market continues to consolidate. As such, we plan to purchase additional studios, both in Germany and abroad, to support our long-term growth strategy.”
Spotted at: RPGWatch
Radon Labs, the developer of Drakensang and Drakensang: The River of the Time, has been facing some financial problems as of late. Now they've been taken over by BigPoint GmbH, the worldwide leader in browser-based video games. Exerpt from the press release:
Hamburg, 1st June, 2010 – Bigpoint GmbH (http://bigpoint.com), the worldwide leader in browser-based video games, today announced the acquisition of Radon Labs (http://radonlabs.de), an award-winning game development studio that recently filed for bankruptcy due to financial concerns. With this acquisition, Bigpoint gains more than 35 new employees, including Radon Labs Managing Directors Bernd Beyreuther and André Blechschmidt, who will remain with Bigpoint and direct its newly established Berlin office.
Bigpoint CEO and Founder, Heiko Hubertz, views the deal as an important strategic move for the company, “Under Bernd and André’s leadership, Radon Labs became one of Germany’s top three development studios. We’re excited to add their highly qualified workforce to Bigpoint as we continue to push the limits of what’s possible in online gaming. This acquisition is also greater proof that the market continues to consolidate. As such, we plan to purchase additional studios, both in Germany and abroad, to support our long-term growth strategy.”