Phoenix Games to Acquire Sad Panda
From TwogPedia
News/Phoenix Games to Acquire Sad Panda
Business
07 November 2023 16:21
German Phoenix Games, has revealed its acquisition of Sad Panda Studios, a Canadian game development company. The financial details of this acquisition remain undisclosed.
Sad Panda Studios, founded in 2016 by Morgan Long and her two closest companions, is renowned dating sims.Their inaugural game, Crush Crush, has garnered 10 million downloads across various platforms, including Steam, the web, mobile, and Nintendo Switch. Phoenix CEO Klaas Kersting stated "Their games are full of energy, passion and experience. We see great potential in uplifting their titles and look forward to supporting the incredibly talented team with our proprietary Uplift Platform as well as operational knowhow."
Phoenix Games announced the acquisition of PopReach Games India from Ionik. The company will pay $9.8m for the acquisition. The...
Mergers and Acquisitions
Apr 29, 2024
Nintendo will stop selling the original Switch, Switch Lite, and Switch OLED in Europe from mid-February 2027, bringing the console's...
Business
Jul 09, 2026
Interesting turn of events, less sponsors but more money. Riot Games finally getting its esports business "super close" to profitability,...
Business
Jul 08, 2026
Now we are going back generations, this is a unique moment in hardware industry. Intel reportedly cranking production back up...
Business
Jul 03, 2026
Sony is insisting that its AI use is "less about cost efficiency and more about improving quality and development speed,"...
Business
Jul 03, 2026