This morning, Paradox Interactive announced a binding agreement to acquire formerly independent developer Haemimont Games, which will become a wholly owned subsidiary of Paradox. The current leadership and team will remain active with the studio, and the studio’s ongoing projects will remain in development. The acquisition consists of an upfront cash payment and a similar sized performance-based earn-out to be paid over the coming years. Haemimont Games and Paradox have agreed not to disclose the purchase price at this time. The acquisition will be financed with cash on hand and is expected to close within a few days. Haemimont Games […]
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