Nordisk Film has acquired Mad Max, Just Cause and Rage 2 developer, Avalanche Studios. The move will see Nordisk Film take complete ownership of Avalanche and all three of its studios, including its recently opened studio in Malmo, Sweden.
Avalanche Studios will continue to operate as an independent game studio, creating its own IP’s and also meeting the needs of license holders and third party publishers.
“We have had a fantastic year with Nordisk Film as part of Avalanche Studios”, commented Pim Holfve, CEO of Avalanche Studios. We’ve grown and matured at a pace which was previously not possible. Even though we’ll continue to operate as an independent studio, Nordisk Film will – with a century of experience from growing creative businesses – provide us with a more solid foundation. I could not be happier to have them on-board”.
“This is a milestone in our 15-year long history”, added Christofer Sundberg, Chief Creative Officer and co-founder of Avalanche Studios. “We started from nothing and have built this incredible company, thanks to a team of exceptionally talented people. With Nordisk Film as the owner of the studio, we will expand our creative horizons. I look forward to continuing our long and successful relationships with the best publishers in our industry, as well as creating new games under our own Avalanche Studios publishing label”.
Co-founders Christofer Sundberg and Linus Blomberg will remain with Avalanche Studios to focus on the creative and technical aspects of the studios game development. The acquisition is set to be concluded by the end of June 2018.