Avalanche Studios announced a partnership with Nordisk Film.
This partnership has the Noric entertainment company Nordisk invest more than 10 million dollars into Avalanche for a minority ownership. This will let Avalanche Studios increase their growth in the international market. Here’s what CEO Pim Holfve of Avalanche Studios had to say:
“It’s great to have Nordisk Film on board as partner. With a solid background from a range of creative industries, they understand our business well and have a matching company culture. This investment allows us to further accelerate toward our goal of developing and self-publishing more high quality games.”
Allan Mathson, the CEO of Nordisk Film, also commented on the partnership:
“I am excited that we have the opportunity of becoming co-owners of Avalanche Studios, which has a very solid and proven track record in the global gaming market. We are investing heavily in gaming and look forward to working with Avalanche Studios on bringing the company to the next level. Gaming fits our profile very well. We are used to working with creative people, commercializing creative products and developing IPs.”
Avalanche Studios recently released Just Cause 3 and Mad Max.