{"id":317,"date":"2018-10-22T21:55:00","date_gmt":"2018-10-22T21:55:00","guid":{"rendered":"https:\/\/gamigocorpodev.wpenginepowered.com\/?p=317"},"modified":"2025-07-24T12:08:57","modified_gmt":"2025-07-24T12:08:57","slug":"gamigo-ag-acquisition-of-trion-worlds-games-company-to-further-strengthen-its-market-position-in-the-games-market","status":"publish","type":"post","link":"https:\/\/corporate.gamigo.com\/en\/presse\/gamigo-ag-acquisition-of-trion-worlds-games-company-to-further-strengthen-its-market-position-in-the-games-market\/","title":{"rendered":"gamigo AG; acquisition of Trion Worlds games company to further strengthen its market-position in the games market."},"content":{"rendered":"\n

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596\/2014 \u2013 22, October 2018 \/ 21:55 CET\/CEST<\/strong><\/p>\n\n\n\n

\n\n\n\n

gamigo AG; acquisition of Trion Worlds games company to further strengthen its market-position in the games market.<\/h3>\n\n\n\n

Hamburg, October 22, 2018: <\/strong>gamigo AG (\u201egamigo Bond\u201c WKN: A2NBH2 \/ ISIN: SE0011614445) has acquired major assets from Trion Worlds Inc. Trion Worlds is a leading US gaming company with offices in Redwood City (California) and Austin (Texas) and has as publisher and developer of online and console MMO-games, well-known games such as Rift, Defiance, Trove and ArcheAge in it\u2019s portfolio. The assets of the company have been acquired by gamigo\u2019s subsidiary Golden Gate Games Inc., via an \u201cAssignment for the Benefit of the Creditors\u201d process, in which the buyer only buys those assets, with which he wishes to continue the business.<\/p>\n\n\n\n

The gamigo group has acquired the majority of the assets, including the platform, takes over employees to operate the business and gets the full publishing rights of the games. The IP\u2019s of the Trion Worlds games have been acquired by gamigo\u2019s sister company Padmapani GmbH and are made available for gamigo group, worldwide and exclusive.<\/p>\n\n\n\n

It is expected that the Trion Worlds acquisition will add on gamigo group level revenues of at least USD 18 million in 2019. Depending on the speed and success of restructuring and integration, management expects an additional EBITDA of USD 1 to 4 million, based on unlocking substantial synergies and economies of scale as proven in numerous acquisitions before.<\/p>\n\n\n\n

The full purchase price amounts to a low USD two-digit million amount (including possible earn-outs).<\/p>\n\n\n\n

About gamigo AG:
<\/strong>Since its foundation in 2000, gamigo has developed into one of the leading publishers of free-to-play online and mobile games in Europe and North America. In total, the gamigo Group employs more than 250 employees at its headquarter in Hamburg and branches in Berlin, M\u00fcnster, Darmstadt, Cologne (Germany), Warsaw (Poland), Istanbul (Turkey), Chicago (USA) and Seoul (Korea). The company\u2019s core portfolio includes successful gaming titles such as Aura Kingdom, Desert Operations, Dragon\u2019s Prophet, Echo of Soul, Fiesta Online, Goal One, Last Chaos, Shaiya and Twin Saga. gamigo grows via organic growth as well as through acquisitions and has made over 20 acquisitions since 2013, including games, media and technology companies as well as individual game assets.<\/p>\n\n\n\n

Disclaimer:
<\/strong>This release may contain forward-looking statements based on current assumptions and forecasts made by the management of gamigo AG or its affiliated companies. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of gamigo AG and its affiliated companies and the estimates given here. Neither gamigo AG nor its affiliated companies assume any liability to update these forward- looking statements or to adapt them to future events or developments.<\/p>\n\n\n\n

For further information please contact:<\/strong><\/p>\n\n\n\n

Gamigo AG
Public and Investor Relations
Email: pr@gamigo.com<\/p>\n\n\n\n

Issuer:<\/u><\/strong><\/p>\n\n\n\n

gamigo AG
Behringstra\u00dfe 16 B
22765 Hamburg
Germany<\/p>\n\n\n\n

Email: info@gamigo.com
Web-Page: corporate.gamigo.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596\/2014 \u2013 22, October 2018 \/ 21:55 CET\/CEST gamigo AG; acquisition of Trion Worlds games company to further strengthen its market-position in the games market. Hamburg, October 22, 2018: gamigo AG (\u201egamigo Bond\u201c WKN: A2NBH2 \/ ISIN: SE0011614445) has acquired major […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-317","post","type-post","status-publish","format-standard","hentry","category-regulatory-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/posts\/317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/comments?post=317"}],"version-history":[{"count":0,"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/posts\/317\/revisions"}],"wp:attachment":[{"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/media?parent=317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/categories?post=317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corporate.gamigo.com\/en\/wp-json\/wp\/v2\/tags?post=317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}