Publisher Focus Home Interactive has acquired French studio Dotemu in a deal said to be worth €38.5 million EUR.
As per the announcement, the Streets of Rage 4 publisher is also set to make an additional €15 million as part of the sale depending on “future revenue elements”. CEO Cyrille Imbert will remain CEO of the company and also join the Executive Committee of Focus Home Interactive.
In addition to publishing the aforementioned Streets of Rage 4, Dotemu have been making a strong push into bringing back retro classics. They also have the upcoming Windjammers 2 under their banner as well as beat-em-up Teenage Mutant Ninja Turtles: Shredder’s Revenge.
Focus Interactive meanwhile is the home of games such as A Plague Tale: Innocence and its forthcoming sequel, Greedfall and The Surge series to name a few. In fact, the developer of the last of those, Deck 13, was itself acquired by Focus Interactive back in June of last year.
Imbert gave his thoughts in a statement on the acquisition. “Joining the Focus Home Interactive Group was an obvious choice for Dotemu. We share the same passion for video games, the same desire to improve, as well as the same values of respect and benevolence towards our partners and teams. While continuing its activities, this new collaboration will allow Dotemu to benefit from the incontestable expertise of Focus Home Interactive’s teams for the production of AA titles and therefore launch the production of future remakes or sequels on licenses of first-generation 3D consoles.”
Focus Home Interactive is thrilled to announce the acquisition of @Dotemu, a world leader in retrogaming!
We are happy to welcome such talents to the Focus group and can't wait to bring new incredible titles to life together!
— Focus Home Interactive (@FocusHome) August 5, 2021