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San Mateo, California –(Business Wire)– Sony Interactive Entertainment (“SIE”) announced today that it has entered into a definitive agreement to acquire Savage Game Studios, a mobile game development studio with offices in Helsinki and Berlin. The acquisition reaffirms SIE’s commitment to delivering innovative experiences to new players around the world by expanding to more platforms, and further demonstrates its continued emphasis on nurturing the best ideas in the industry.
Savage Game Studios is led by veteran co-founders Michail Katkoff (Rovio, Zynga, Fun Plus, Supercell), Nadjim Adjir (Wargaming, Rovio, Gree) and Michael McManus (Wargaming, Insomniac, Kabam), who together bring decades of Experience in mobile game development and operation. Their team is already working on an unannounced new AAA mobile live service action game.
“PlayStation Studios must continue to expand and diversify our offering beyond consoles and bring incredible new games to more people than ever before,” said Hermen Hulst, head of PlayStation Studios. “The acquisition of Savage Game Studios Our talented team is another strategic step in making this happen. I’m very excited about Savage’s work and I’m sure they will deliver a high-quality experience. Our move into mobile is like our move into PC and live service games, Enhances our capabilities and our community, and complements PlayStation Studios’ goal of making the best games we can.”
“Savage Game Studios was founded by industry veterans eager to challenge the status quo and bring meaningful innovation to mobile gaming,” said Michail Katkoff, CEO and co-founder of Savage Game Studios. “Today’s announcement reflects our conviction that SIE shares our passion for experimentation and adventure. We greatly admire the consistency and quality of PlayStation’s first-party catalog and know how difficult it is to deliver them time and time again in this industry. It’s an honor to be a part of this legacy and join PlayStation Studios’ world-class collective of talented designers, artists, and engineers. Our yet-to-be-announced projects are in early stages of development, but can’t wait to show you more of what we’re working on Work.”
Savage Game Studios will join the newly formed PlayStation Studios Mobile Division, an operating division separate from console development. The PlayStation Studios Mobile team is focused on creating new experiences for players through innovative, mobile games based on old and new PlayStation IP that meet PlayStation Studios’ high quality standards. SIE’s efforts to reach gamers wherever they are, whether it’s mobile, PC or live service offerings, will continue to complement its existing expertise in building unparalleled single-player, narrative-driven AAA console games.
Day-to-day operations post-acquisition will continue to be managed by Savage Game Studios’ current management team. Terms of the transaction, including acquisition costs, were not disclosed due to contractual commitments.
About Sony Interactive Entertainment
Sony Interactive Entertainment (SIE) is recognized as a global leader in interactive and digital entertainment, responsible for the PlayStation® brand and line of products and services. Since the first PlayStation launched in Japan in 1994, PlayStation has been delivering innovations to the market. The PlayStation family of products and services includes PlayStation®5, PlayStation®4, PlayStation®VR, PlayStation™Store, PlayStation®Plus and the acclaimed PlayStation software titles from PlayStation Studios. Headquartered in San Mateo, California, SIE is a wholly owned subsidiary of Sony Corporation with global offices in California, London and Tokyo.
“game station,” “PS5,” “PS4” and”double sense” is a registered trademark or trademark of Sony Interactive Entertainment Inc. All other trademarks are the property of their respective owners.
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