Stillfront Group

From Wikipedia, the free encyclopedia

Stillfront Group is a Sweden-based company specialized in the acquisition and management of mobile and browser game studios.[1][2]

Stillfront Group
TypePublic
Nasdaq: STLFF
IndustryVideo games
Founded2010; 11 years ago (2010) in Sweden
FounderJörgen Larsson
Area served
Worldwide
Websitehttps://www.stillfront.com/

History[]

Stillfront was founded in 2010 by Jörgen Larsson, a Swedish entrepreneur, although it didn't start operating until 2012. The plan was to build a diversified portfolio of long life-cycle games by acquiring independent gaming studios and letting these operate independently within the same group.[3][4]

In November 2012, Stillfront acquired Power Challenge, a mobile and browser-based social sports management game developer and publisher.[5]

In November 2013 Stillfront announced it had acquired 51% of Bytro Labs and entered into an agreement to acquire the remaining 49% by 2016. The addition of Bytro further expanded Stillfront’s games portfolio with titles such as Supremacy 1914, PanzerWars and Industry Tycoon and strengthened the company within the strategy game genre.[6]

In December 2015, Stillfront completed an IPO and listed its shares on NASDAQ First North Stockholm. The listing price was SEK 39 per share and the first day of trading was December 8, 2015.[7][8][9]

In June 2016, Stillfront announced its acquisition of the majority of shares in Simutronics, one of the longest-running independent game development studios in North America. Simutronics developed MUD-style text-based games GemStone IV and DragonRealms, as well as mobile games Tiny Heroes, One Epic Knight and Lara Croft Relic Run.[10]

In December 2016, Stillfront acquired Babil Games, a Middle East and North Africa (MENA) region mobile games publisher.[11]

In May 2017, Stillfront Group acquired eRepublik Labs, adding game titles like eRepublik, Age of Lords and World at War: WW2 Strategy MMO to the group.[12]

In June the same year, the listing of Stillfront’s shares was moved to NASDAQ First North Premier Growth Market.[13]

In January 2018, Stillfront completed the acquisition of Goodgame Studios for €270 million.[14]

In October the same year, Stillfront acquired Imperia Online, a game developer and publisher in Southeastern Europe with focus on long term gamer relations.[15]

Further, in December 2018, Stillfront acquired Playa Games, a casual strategy game developer and publisher in Germany.[16]

During the summer of 2019, Stillfront acquired Kixeye, a developer and publisher of massively multiplayer online real-time strategy games (MMORTS) for PC and mobile devices.[17]

In January 2020, Stillfront announced the acquisition of Storm8, a mobile mash-up game developer headquartered in California for up to $400 million.[18]

References[]

  1. ^ "About us". Stillfront Group. Retrieved 2021-03-14.
  2. ^ Reuters Editorial. "SFRG.ST - Stillfront Group AB (publ) Profile | Reuters". www.reuters.com. Retrieved 2021-03-14.
  3. ^ "Stillfront: Understanding Gaming's Dark Horse | EGD". Elitegamedevelopers.com. 2020-09-28. Retrieved 2021-03-14.
  4. ^ Forde, Matthew; Editor, Features. "Live ops and scaling are key to Stillfront's growth, says CEO Jörgen Larsson". pocketgamer.biz. Retrieved 2021-03-14.CS1 maint: extra text: authors list (link)
  5. ^ "STILLFRONT ACQUIRES POWER CHALLENGE". Stillfront Group. Retrieved 2021-03-14.
  6. ^ AB, Stillfront Group (2016-05-09). "Stillfront Group AB: Stillfront finalizes acquisition of Bytro Labs". GlobeNewswire News Room. Retrieved 2021-03-14.
  7. ^ Nordic, Nasdaq (2015-12-08). "NASDAQ STOCKHOLM WELCOMES STILLFRONT TO FIRST NORTH". GlobeNewswire News Room. Retrieved 2021-03-14.
  8. ^ "Invitation to subscribe for shares in Stillfront Group AB" (PDF).
  9. ^ "Stillfront Group AB: Stillfront approved for listing on Nasdaq First North Premier". Stillfront Group. Retrieved 2021-03-14.
  10. ^ "EGD News #35 — Stillfront is going places | EGD". Elitegamedevelopers.com. 2020-06-26. Retrieved 2021-03-14.
  11. ^ "STILLFRONT GROUP ACQUIRES BABIL GAMES FOR $17M". Babil Games. 2016-12-16. Retrieved 2021-03-14.
  12. ^ "Stillfront Acquires eRepublik Labs - published by Grogu. on day 3,479 - page 1 of 1". www.erepublik.com. Retrieved 2021-03-14.
  13. ^ Reuters Editorial. "SFRG.ST - Stillfront Group AB (publ) Profile | Reuters". www.reuters.comundefined. Retrieved 2021-03-14.[dead link]
  14. ^ "Goodgame joins Stillfront Group in €270m deal". GamesIndustry.biz. Retrieved 2021-03-14.
  15. ^ "Stillfront Group acquires Imperia Online for €10m". GamesIndustry.biz. Retrieved 2021-03-14.
  16. ^ Novac, Dragos. "Stillfront acquires Germany's Playa Games for €45M". Nordic 9. Retrieved 2021-03-14.
  17. ^ "Stillfront acquires Kixeye to expand its portfolio of games". VentureBeat. 2019-06-03. Retrieved 2021-03-14.
  18. ^ "Stillfront Group acquires Storm8 for up to $400m". GamesIndustry.biz. Retrieved 2021-03-14.
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