Comprehensive M&A data with integrated detailed company information
Rockstar Games picks up Ruffian
Posted on Wednesday, 14 October 2020 14:48
Rockstar Games, the creator of the Grand Theft Auto video game series, has acquired UK-based gaming studio Ruffian Games.
No financial details were disclosed.
Following the transaction, the target will operate under the name Rockstar Dundee.
Established in 2008 by Gary Liddon and Billy Thompson, Ruffian is an independent computer game developer.
The company’s titles include the Crackdown and Halo Chief Collection series, as well as RADtv.
Headquartered in Dundee, Ruffian has 40 employees.
Upon closing, both Liddon and Thomson will remain with the group as co-studio directors of Rockstar Dundee.
Thompson said: “Not only do we have the opportunity to work on some of the most successful entertainment properties in the world, but Rockstar’s investment in our studio is a great sign for the continued expansion of game development here in Scotland.”
Ruffian’s titles will also complement the buyer’s portfolio, which includes the likes of Bully, LA Noire, the Warriors and the Red Dead Redemption series.
Based in New York, Rockstar Games operates across the US, the UK, France and Colombia.
Through the Grand Theft Auto series alone, the company has sold over 270.00 million units worldwide.
Rockstar Games is no stranger to the acquisition trail; in June 2019, it bought a 91.8 per cent stake in India-based computer games developer and publisher Dhruva Interactive for USD 7.90 million.
According to Zephyr, the M&A database published by Bureau van Dijk, there have been 2,079 deals targeting custom computer programming services providers announced in 2020 to date.
Worldline agreed to acquire France-based Ingenico Group for EUR 7.84 billion in the most valuable of these.
This was followed by a consortium of investors, including Symphony Technology Group and Alpinvest Partners, picking up RSA Security for USD 2.08 billion.
Other companies targeted in this sector so far this year include Alibaba Health Information Technology, Triterras Fintech and DHC Software.
© Zephus Ltd