The studio behind the Age of Wonders and Overlord series has a new owner.
Paradox Interactive has acquired Triumph Studios for an undisclosed sum. Founders Lennart Sas and Arno van Wingerden will both remain, and work on current projects will continue.
Triumph Studios is a developer of our own heart,” Paradox CEO Fredrik Wester said. They are world-leading within their niche and have built a large and dedicated community over the years, counting quite a few Paradox employees among their hardcore fans.
We have great faith in Lennart, Arno and the Triumph team, and our main focus now is to ensure that they can continue to create their magic under new ownership.”
Triumph's Sas added: We have been approached by others before with an interest to acquire us, but this is not merely a business transaction for us. This is a liaison with a partner that can help us grow sustainably by ensuring the stability and continuity needed for us to do more of what we do best - develop some of the best turn-based strategy games on the market today.
Paradox is a good match for us both culturally and games-wise. They get it. It's as simple as that, and we are extremely excited about the acquisition.”
Paradox was in the headlines last week after it reversed a number of price increases that were recently rolled out across its catalogue.
The companylast month explainedthat certain regions would incur an increase to make our prices match the purchasing power of those areas, as well as create a more equal price point for our products across the globe”.
The result? Many of its titles were 'review-bombed' on Steam – that's the phenomenon where gamers punish companies by leaving negative reviews on a title to bring down its average review rating.
You are absolutely right. You deserve more transparency and better communication from Paradox when it comes to changing of our prices and pricing policy,”CEO Fredrick Wester said.
I just came off the phone with Steam and they say we can't do the roll-back before the Summer Sale is over (otherwise it would mean we have to take all Paradox products off the summer sale) but it will be done right after.”