Another day, another purchase
Bandai Namco Entertainment has announced that it has increased its stake in Limbic Entertainment, becoming a majority shareholder in the German studio, best known for the strategy sequel Tropico 6.
“This investment is much more than a strategic move for Bandai Namco,” writes Bandai Namco Entertainment Europe CEO Arnaud Muller in a press release. “For the past three years, we have worked together on the creation of new IPs. The first game Park Beyond will be released in 2023 but there is much more to come. This investment is just the continuity of our existing relationship, and we will help Limbic become the new reference in strategy and simulation games.”
“With Bandai Namco we are very lucky to have a partner who shares our goals, values and commitment to develop amazing titles,” agrees Limbic Entertainment co-founder and CEO Stephan Winter. “Working together up to this point has already shown the trust and mutual respect that characterizes our relationship. Solidifying this bond gives us the opportunity to up our game — to plan even more ambitiously and bring Limbic Entertainment to the next level.”
Bandai Namco previously purchased a minority stake in Limbic back in February 2021, as the studio began its work on the aforementioned new-gen park builder, Park Beyond, to be published by Bandai Namco once development is complete. Clearly, over the ensuing time period, the publisher has seen potential in Limbic, and has thus taken steps to tuck the indie outfit and its 100-strong staff further under its wing.
Park Beyond is currently in development for PS5, PC, and Xbox Series X.
Published: Oct 6, 2022 01:30 pm