The globally operating games company, Phoenix Games, established in 2019 in Karlsruhe, Germany, recently revealed its acquisition of the Canadian developer Sad Panda Studios for an undisclosed amount. Phoenix Games specializes in procuring and elevating game studios.
“Sad Panda Studios impressed us from the very beginning. Their games are full of energy, passion, and experience. We see great potential in uplifting their titles and look forward to supporting the incredibly talented team with our proprietary Uplift Platform as well as operational know-how “, says Klaas Kersting, CEO at Phoenix Games.
Phoenix Games and Sad Panda Studios Join Forces for Gaming Innovation
Sad Panda Studios, founded by Morgan Long and her two close friends in 2016, has created a series of delightful and engaging idle dating simulation games. These games, while known for their lighthearted nature, also feature moments of intimacy and strong emotional events. Their debut title, Crush Crush, has amassed over 10 million downloads across platforms like Steam, web, mobile, and Nintendo Switch.
We are very proud of what we achieved on our own. Now it is time for the next step and for this we need the right partner, which we have found with Phoenix Games. Phoenix compliments our strengths and weaknesses perfectly with the Uplift Platform and people. With their expertise, we will unleash our full potential and set new standards with our games which will delight and surprise our fans!
Morgan Long, CEO at Sad Panda Studios,
Phoenix Games is dedicated to promoting the studios’ intellectual property using its proprietary uplift platform and aims to expand the reach of Sad Panda’s games to a global audience. Beyond elevating the success of existing titles like Crush Crush and Hush Hush through their expertise in user acquisition, advertising revenue generation, and live operations, this partnership sets the stage for the development of exciting new gaming experiences.
What are your thoughts as Phoenix Games, a Germany-based company specializing in acquiring and enhancing game studios, takes over 100% of Canadian developer Sad Panda Studios? Let us know in the comments below!
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