Focus Home Interactive Continues to Evolve Its Model With the Acquisition of Dotemu, a World Leader in Retrogaming
Summary
Christophe Nobileau, CEO of Focus Home Interactive, declared: “The arrival of Dotemu marks a key step in the acceleration of the Groups growth and in the diversification of its expertise. Dotemu has become an expert in this field and has already developed and re-released legendary franchises such as Final Fantasy, Another World, Double Dragon and, most recently Street of Rage 4, which has been played by over 2.5 million people worldwide. The combination of Focus Home Interactive and Dotemu will generate the following synergies: Focus Home Interactive is expanding its offering and editorial line through the acquisition of Dotemu, which will continue to publish and produce unique titles with strong commercial potential, driven by cult video game and pop culture licenses such as Teenage Mutant Ninja Turtles and Metal Slug Tactics, as well as other quality titles to be announced in the coming months. Dotemu will benefit from Focus Home Interactives operational and financial structure in terms of communication, production monitoring, marketing and support functions to accompany its ambitious growth plan. Focus Home Interactive has signed a contract for the acquisition of 77.5% of the share capital and voting rights of Dotemu (70% from Oryx Finance and 7.5% from Cyrille Imbert) for €38.5 million at the deal closing.