To continue its external growth, Focus Home Interactive created a special team in charge of acquisitions. Buying a major stake in Streum On Studio is the newest step within this strategy.
Necromunda: Hired Gun
The publisher announced the deal on its official website. Focus Home Interactive paid in cash and in its shares, although the company decided to not disclose the exact sum.
“This acquisition once again demonstrates our desire to create a strong, integrated group, by attracting new skills capable of taking our group to a new level and to partner with the best talents,” Focus Home president Christophe Nobileau said.
Focus Home Interactive also opened up about its growth in its annual report for the fiscal year ended March 31. The company reached a record-breaking revenue of €171 million, which is 20% up from the previous year. Focus Home is now in active discussions with a number of studios about potential acquisitions.
Streum On Studio began its path in the late 90s by creating Syndicate Black Ops based on the first Half-Life. The studio’s debut commercial game, cyberpunk shooter E.Y.E.: Divine Cybermancy, was released in 2007 — the year the company was officially founded.
Space Hulk: Deathwing for Focus, released in 2016, is Streum’s most successful title to date. The Warhammer 40,000-branded FPS has sold nearly 1 million copies. The studio is about to release Necromunda: Hired Gun, a game based on the same license, on June 1.