Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
December 11, 2016
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


 Limbo  Developer Playdead Buys Itself Back From Investors
Limbo Developer Playdead Buys Itself Back From Investors
August 31, 2011 | By Mike Rose




Thanks to the financial success of its first game, Limbo, developer Playdead Studios has bought itself back from its investors -- a move that grants the studio greater financial and creative independence.

The announcement came from investment bank GP Bullhound, which advised the sale. Playdead is now solely owned by its founders and management.

The founders of Playdead said that they were able to buy back the company due to the strong performance and success of Xbox Live Arcade and PC platformer Limbo.

Limbo was initially funded solely by founders Arnt Jensen and Dino Patti, with help from the Danish government. Investors were later brought in to help expand on the original concept. Gamasutra has contacted Playdead for comment on the buyback.

Playdead revealed earlier this week that it will be developing its next title using the Unity platform, noting that the decision was in aid of cutting down on the amount of work needed.


Related Jobs

Age of Learning, Inc.
Age of Learning, Inc. — Glendale, California, United States
[12.09.16]

Software Engineer - PHP Web Services
Visual Concepts
Visual Concepts — Novato, California, United States
[12.09.16]

Senior Software Engineer, Graphics
Visual Concepts
Visual Concepts — Novato, California, United States
[12.09.16]

Principal Software Engineer - WWE 2K
Lionbridge Technologies
Lionbridge Technologies — Bellevue, Washington, United States
[12.09.16]

Sr. Business Development Director--#2525









Loading Comments

loader image