Digital Developer Officially Acquires System Era With A Value Of IDR 637 Billion
JAKARTA - Digital Developer has now officially acquired the developer of the Astroneer, System Era game with a total consideration of up to US$40 million or around Rp. 637.7 billion.
Through this decision, Devolver Digital will be the main studio, and they will focus on providing the best quality experience to most people, with the System Era's unique style.
Founded in 2014, System Era is a multi-platform video developer who won the award in Seattle, United States, and currently employs 50 people.
Today we have a big announcement about the future of System Era...We are excited to be joining the creative miscreants under the tent over at @devolverdigital! 🚀More details on our blog: https://t.co/Dg98iq7R8S
— System Era Softworks 🚀 (@SES_dev) November 1, 2023
Today we have a big announcement about the future of System Era...We are excited to be joining the creative miscreants under the tent over at @devolverdigital! 🚀More details on our blog: https://t.co/Dg98iq7R8S
"The most interesting for me about System Era is cultural and strategic suitability with Devolver. This is a very experienced and talented group of developers who come with proven success, Astroneer, in the eighth year," said Douglas Morin, CEO of Devolver Digital in an official broadcast on Wednesday, November 1.
Morin also hopes that in the future, they can bring pleasure to new players in a new and innovative way - and most importantly welcome the team to Devolver.
Most importantly, Devolver said that this acquisition is a strategic opportunity for them to expand their core power in premium indie games, by leveraging System Era's knowledge of game style development as well as existing direct operating technology and IP.
"Devolvers will take advantage of System Era development expertise in creating quality titles, community-centric, and long-lived," he added.
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This acquisition also adds Astroneer to the Group's current high-quality intellectual property portfolio, along with future System Era development.
"Devolvers and System Era have long admired each other. We have always seen Devolver banners as a sign of quality, but they also represent an approach to developing and publishing unique games in the industry," commented Brendan Wilson, Chief Executive Officer of System Era.
"We are very happy to be joining the confederation of people who think the same way," he said.