Certain Affinity Acquired by Keywords Studios

Certain Affinity Acquired by Keywords Studios

Mergers and Acquisitions

21 October 2024 21:11

Keywords Studios has acquired US developer Certain Affinity for an undisclosed sum. Founded in 2006 by former Bungie staff, Certain Affinity has specialized in co-development on AAA titles, contributing to projects such as Hogwarts Legacy, Gotham Knights, and multiple entries in the Call of Duty and Halo franchises, including Halo Infinite.

The studio will continue to operate under its existing management team, led by founder and CEO Max Hoberman and president and COO Paul Sams, with a workforce of 180 across the US and Canada.

The acquisition, which includes an upfront cash purchase financed by Keywords' revolving credit facility and an earn-out component based on performance, is subject to closing conditions.

More:Former Keywords Studios Staff to Strike

"At this most difficult time in the market, we're thrilled to be able to provide stability and a supportive home for our team," said Hoberman. "The respect for our talent and culture that Keywords has shown, along with a willingness to invest in our growth, is unparalleled. Paul and I look forward to partnering with them to chart a course for careful expansion of our core co-development activities, refinement of our lead development capabilities, as well as championing the growth of the Create division."

Tags: Keywords Studios

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Certain Affinity Acquired by Keywords Studios

Mergers and Acquisitions

21 October 2024 21:11

Tags: Keywords Studios

Keywords Studios has acquired US developer Certain Affinity for an undisclosed sum. Founded in 2006 by former Bungie staff, Certain Affinity has specialized in co-development on AAA titles, contributing to projects such as Hogwarts Legacy, Gotham Knights, and multiple entries in the Call of Duty and Halo franchises, including Halo Infinite.

The studio will continue to operate under its existing management team, led by founder and CEO Max Hoberman and president and COO Paul Sams, with a workforce of 180 across the US and Canada.

The acquisition, which includes an upfront cash purchase financed by Keywords' revolving credit facility and an earn-out component based on performance, is subject to closing conditions.

More:Former Keywords Studios Staff to Strike

"At this most difficult time in the market, we're thrilled to be able to provide stability and a supportive home for our team," said Hoberman. "The respect for our talent and culture that Keywords has shown, along with a willingness to invest in our growth, is unparalleled. Paul and I look forward to partnering with them to chart a course for careful expansion of our core co-development activities, refinement of our lead development capabilities, as well as championing the growth of the Create division."

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Keywords Studios Accepts £2.2b Deal

Keywords Studios has agreed to a takeover offer exceeding £2 billion from EQT today, marking another significant acquisition. The...

Business

Jul 04, 2024

Keywords Studios to be Acquired

According to recent reports, Sweden’s EQT is in advanced negotiations with [[Companies/Keywords Studios}Keywords Studios]] for a potential acquisition at £25.50...

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May 20, 2024

Former Keywords Studios Staff to Strike

According to recent reports former Keywords Studios employees will strike outside BioWare Edmonton offices. The laid off staff unionized...

Drama

Nov 07, 2023

KRAFTON Acquires Stake in Nautilus Mobile

Krafton has acquired a controlling stake in Indian gaming studio Nautilus Mobile for $14 million. The all-cash deal, confirmed at the...

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Apr 02, 2025

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