Given their history together, Devolver Digital's purchase of Croteam seems like a move that will benefit both parties. Last month, the pair released Serious Sam 4 on PC and Google Stadia. A console port of the game is set to release on PS4 and Xbox One in 2021, and Devolver Digital and Croteam are also working on The Talos Principle 2, which does not yet have a firm release window. Information on the sequel remains sparse at this time, but the original game received strong reviews upon its release.
Devolver has acquired Croteam.
— Devolver Digital (@devolverdigital) October 21, 2020
Maybe Croteam has acquired Devolver.
Either way, we’re married now. https://t.co/7nzjKmIYkZ
Devolver Digital was founded in 2009, but Croteam has been around significantly longer. Founded in 1992, Croteam has predominantly worked on the Serious Sam franchise since the first entry released in 2001. According to Devolver Digital, when the pair first began working together, Croteam was looking for a partner that could bring Serious Sam back to its earlier popularity.
Acquisitions and mergers have long been a part of the video game industry, but the increasing cost and risk associated with game development will likely make them more commonplace. Last year saw Sony purchase Insomniac Games, while this year saw Microsoft purchase Bethesda. The next generation of console and PC hardware will require studios putting more investment in the development process, in order to offer experiences that take advantage of new technology. Devolver Digital's acquisition of Croteam should prove quite beneficial, as a result.
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Source: https://comicbook.com/gaming/news/devolver-digital-acquires-croteam-serious-sam/
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