Nacon has announced that it's acquiring The Lord of the Rings: Gollum developer Daedalic Entertainment in a deal that will cost up to €53 million.
Daedalic Entertainment has been developing and publishing games for a long time, but it's most recently known for The Lord of the Rings: Gollum which is expected to launch later this year. Now, it looks like this game -- and all of Daedalic's future titles -- are going to be under new management.
Nacon Pays Big Bucks to Buy Daedalic Entertainment
Daedalic Entertainment is being acquired by Nacon in a deal that could cost as much as €53 million ($60.29 million), paving the way for even bigger projects beyond The Lord of the Rings: Gollum.
According to a press release, Nacon will pay the sum of €32 million ($36.4 million) as soon as the deal to acquire Daedalic Entertainment is signed. The remaining €21 million ($23.89 million) is contingent upon the company's performance from the moment the deal is signed through 2026.
"Together with Nacon, we are now taking the next step to further develop our catalogue of games created by our own team as well as many incredible indie studios," Daedalic Entertainment Founder and CEO Carsten Fichtelmann said in a press release. "We are looking back at a trusting and cooperative collaboration on [The Lord of the Rings: Gollum] and forward to an even brighter future together."
Daedalic is currently working on The Lord of the Rings: Gollum, a hotly-anticipated game set within J.R.R. Tolkien's fantasy universe. While it's sure to garner a lot of attention, it will likely have competition within The Lord of the Rings fandom now that the movie, TV, and gaming rights are going up for auction.
As for Nacon, it most recently announced the acquisition of Edge of Eternity developer Midgar Studio earlier this month. Nacon has been embroiled in a battle with Frogwares over the ownership of The Sinking City for well over a year.
What do you think of the latest Nacon acquisition? What's your favorite game developer or published by Daedalic? Let us know in the comments below!