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Tilting Point acquires majority stake in Korean studio AN Games
AN Games is the studio behind multiplayer strategy title Astrokings.
February 4, 2022
1 Min Read
Free-to-play publisher Tilting Point has purchased a majority stake in Korean developer AN Games for an undisclosed fee.
AN Games is the studio behind multiplayer strategy title Astrokings, and has previously worked with Tilting Point to scale up the project.
Tilting Point claims the deal will elevate its presence in Korea and bolster its expertise within the 4X strategy genre. The company specifically hopes to benefit from AN Games' publishing experience in key Asian markets, with studio having also made inroads in Japan.
"AN Games' team has mastered the 4X strategy genre over the past twenty years, and built both an extremely talented team and an engine which is ideal for integrating IPs," said Samir Agili, co-CEO and president of Tilting Point.
"The acquisition of AN Games is proof of our progressive publishing model, where we successfully grew Astrokings, then merged operations so that we can pursue co-development opportunities and further enhance our publishing across Asia to reach new players."
The AN Games deal is the first acquisition Tilting Point has made since raising $235 million in July 2021. At the time, the publisher said it would use that cash to "aggressively pursue" larger M&A opportunities.
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News Editor, GameDeveloper.com
Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.
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