Listed games developer swoops for ‘creative hotspot’ studio

Sumo’s three founders front to back – Carl Cavers, Darren Mills and Paul Porter

A Sheffield-based games developer which made its debut on the stock exchange in December has acquired a Brighton-based games development studio.

Sumo Group has acquired The Chinese Room for £2.2m from its founders Dan Pinchbeck and Jessica Curry. The acquisition accelerates the Group's own-IP pipeline and provides new intellectual property, creative talent and the opportunity to develop a new studio location in the south of England.

The net consideration is £600,000 as The Chi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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