Devolver Digital goes public and acquires three studios

Devolver Digital announced today it has gone public, and the stock exchange values it at $950 million.

The company said with going public, it will be able to continue to invest in the games it’s working on now, partner on new ones it previously couldn’t consider, and add more of the “fine people we love working with into our cadre of consummate video game professionals.”

The employees of Devolver Digital are still the majority owners in the company, it was said, as everyone who works there owns a stake.

Read more

Source

About Author