Devolver Digital Goes Public On London Stock Exchange, Acquires New Studios

The company has almost a $1 billion evaluation.

Today, publisher Devolver Digital went public and is now publicly traded on AIM, a sub-market of the London Stock Exchange. 

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Devolver Digital Goes Public On London Stock Exchange, Acquires New Studios

In a letter put on the Devolver Digital website, the team states that despite being publicly traded, the employees of Devolver Digital still own the majority stake in the company. 

The letter also goes on to state

“Over the past year or so we’ve brought our longtime partners and friends Croteam (Serious Sam, The Talos Principle), Dodge Roll (Enter the Gungeon), Nerial (Reigns, Card Shark) and FireFly Studios (Stronghold series) into the strong but gentle arms of Devolver Digital. Those developers and our team looked ahead and saw that we’d be working together forever so we lovingly acquired them, mostly so they would hang out with us more. The games and experiences that these four studios have planned are incredible and each maintain their full creative autonomy afforded to them throughout our relationship. No specific plans for Enter the Gungeon 2 but rest assured we’ve asked them more than once.”

This news doesn’t come as that big of a surprise, as all of these teams have worked closely with Devolver Digital over the years. 

Gamesindustry.Biz reported this morning that Devolver Digital is currently evaluated at around $950 million or (£694.6 million)

We’re excited to see what Devolver Digital does from here because it seems like the sky is the limit.

What do you think about all of this news? Be sure to let us know on the official Prima Games Twitter and Facebook pages, or leave a comment down below!  

 


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Author
Jesse Vitelli
Jesse loves most games, but he really loves games that he can play together with friends and family. This usually means late nights in Destiny 2 or FFXIV. You can also find him thinking about his ever-expanding backlog of games he won't play and being constantly dehydrated. Do not contact him.