Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
May 19, 2019
arrowPress Releases








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


JoWooD Acquires DreamCatcher

JoWooD Acquires DreamCatcher

November 6, 2006 | By David Jenkins

November 6, 2006 | By David Jenkins
Comments
    Post A Comment
More: Console/PC



Officials from Austrian publisher and developer JoWooD Productions have announced that the company has entered into an agreement to acquire Canadian games publisher DreamCatcher, in an attempt to gain better access to the North American market.

The acquisition will involve a deal whereby JoWooD will increase its share capital by utilizing the existing authorized capital. The shareholders of Dreamcatcher will hold a 23 percent stake in the share capital of JoWooD after the closing of the transaction.

Well known for the Painkiller first person shooter series, JoWooD appear to be primarily interested in DreamCatchers graphic adventure titles which include the use of the official Agatha Christie license. The company also plans to use DreamCatchers existing distribution network to simultaneously release products in the West.

Under the terms of the agreement, DreamCatcher will become a wholly owned subsidiary of JoWooD and the companys management team and employees will continue to operate from their office in Toronto, Canada.

"Acquiring DreamCatcher perfectly aligns with JoWooDs strategy to deliver high-quality computer and video games globally. We are looking at DreamCatcher as our North American counterpart and there are numerous and important synergies waiting to be exploited by all of us" said Albert Seidl, CEO of JoWooD.


Related Jobs

Dream Harvest
Dream Harvest — Brighton, England, United Kingdom
[05.18.19]

Technical Game Designer
Rockstar Games
Rockstar Games — Edinburgh, Scotland, United Kingdom
[05.17.19]

Facial Animator
Insomniac Games
Insomniac Games — Burbank, California, United States
[05.17.19]

Director, Art Management
Disbelief
Disbelief — Chicago, Illinois, United States
[05.17.19]

Senior Programmer, Chicago









Loading Comments

loader image