COPENHAGEN, September 13th, 2018: Hugo Games (OMX: HUGO) is in the process of acquiring the Sacramento-based game developer 5th Planet Games (as mentioned in announcement 33 on September 10th, 2018) and is now able to unveil the following details about the deal and the potential results.
Please notice that the negotiations about the acquisition are ongoing and that further details will be publicized upon completion.
“I’m very excited about the possibility of merging with 5th Planet Games – basically because I believe we are a perfect match,” says Henrik Nielsen. “We have high expectations regarding ‘Dawn of the Dragons 2.’ 5th Planet Games have already proved that they are able to create a successful community-based game with a high degree of retention and monetization. Furthermore, we will not only acquire great games – we will also acquire a highly skilled and productive 15-person team who has already proved their worth.”
About Hugo Games
Hugo Games is a mobile games publisher and developer located in Copenhagen and Nottingham. At Hugo Games we are honoured to cooperate with strong IPs as The Adventures of Tintin and premium sports brands as FC Barcelona, Liverpool FC and Paris St. Germain — as well as soccer star Cristiano Ronaldo and skater icon Nyjah Huston. We are proud to expand the world of television hit series Vikings — and we are thrilled to produce the official sequel to the legendary Doodle Jump. For more information see www.hugogames.com or contact Hugo Games CEO Henrik Nielsen +45 27 200 200