Kyodai Acquired by Soedesco

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Kyodai Acquired by Soedesco

Mergers and Acquisitions

06 September 2023 16:05

Soedesco announced the acquisition of Bulgarian studio Kyodai. The financial details of the deal were not revealed. Soedesh Chauthi, founder and CEO of SOEDESCO stated “This is the next step in our strategy to expand the development capacity of SOEDESCO as we continue to operate on a worldwide scale. Kyodai is filled with many talented and creative people. We understand how vital creative integrity is to the studio and we look forward to supporting them as they continue to grow."

"In SOEDESCO, we have discovered a partner that wholeheartedly supports our mission and is dedicated to propelling our vision of crafting impactful entertainment experiences. This commitment to creative independence resonates deeply with Kyodai's core values," stated Todor Todorov and Ivaylo Koralsky, the Co-CEOs and Founders of Kyodai. "Our dedication to fostering a collaborative and conducive working environment remains unwavering, as we strive to produce captivating and pioneering games."

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Kyodai Acquired by Soedesco

Mergers and Acquisitions

06 September 2023 16:05

Tags: Soedesco Kyodai

Soedesco announced the acquisition of Bulgarian studio Kyodai. The financial details of the deal were not revealed. Soedesh Chauthi, founder and CEO of SOEDESCO stated “This is the next step in our strategy to expand the development capacity of SOEDESCO as we continue to operate on a worldwide scale. Kyodai is filled with many talented and creative people. We understand how vital creative integrity is to the studio and we look forward to supporting them as they continue to grow."

"In SOEDESCO, we have discovered a partner that wholeheartedly supports our mission and is dedicated to propelling our vision of crafting impactful entertainment experiences. This commitment to creative independence resonates deeply with Kyodai's core values," stated Todor Todorov and Ivaylo Koralsky, the Co-CEOs and Founders of Kyodai. "Our dedication to fostering a collaborative and conducive working environment remains unwavering, as we strive to produce captivating and pioneering games."

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
Games Industry.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

Related News Icon Related news

View All
News Image
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Team Vitality has announced the acquisition of Indonesian esports organization Bigetron Esports, marking its entry into the Southeast...

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Team Liquid Acquires Team Gullit

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Krafton has acquired a controlling stake in Indian gaming studio Nautilus Mobile for $14 million. The all-cash deal, confirmed at the...

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