GlobeNewswire by notified

PRESS RELEASE: NACON ANNOUNCES THE 100% ACQUISITION OF ISHTAR GAMES AND THE CREATION OF A LABEL FOR INDEPENDENT GAMES

Share

                                              Press release

Lesquin, 7 October 2021, 18:00hrs

NACON ANNOUNCES THE 100% ACQUISITION OF ISHTAR GAMES

AND THE CREATION OF A LABEL FOR INDEPENDENT GAMES

New talents joinNACON’screative team nowincluding 14 studios and strengthen the company's expertise in the production of innovative games.

NACON announces that it has finalized the signature of an acquisition agreement for 100% of the Ishtar Games studio. This transaction will be accompanied by the creation of the Ishtar label in order to develop the creation and marketing of high-potential "independent" games.

This label will be managed by the Ishtar Games team, whose know-how in this segment has been widely demonstrated through their previous games: Dead in Bermuda, Dead in Vinland and the recent The Last Spell achieving critical acclaim and commercial success, a tactical RPG roguelike title released in Early Access on Steam (91% positive reviews) on June 3, 2021, which has already sold more than 150,000 copies.

Ishtar Games' teams will have the task of developing new indie nuggets through deep and innovative universes and gameplay, such as their upcoming title Lakeburg Legacies announced at E3, as well as signing partnerships with various independent studios in order to develop and promote a large catalogue of games.

Ishtar Games will thus keep its editorial independence, while benefiting from the support of NACON for the marketing of these titles. Matthieu Richez, senior executive, co-founder of the studio and Creative Director, will continue to lead the team, composed of around thirty collaborators based in Lille and Bordeaux, and to bring his vision and expertise in the creation of games with innovative concepts. He will be supported by his historical partners who have followed him for the last sixteen years, Frédéric Forest on the commercial side and Christophe Gey on the creation of universes.

"This acquisition and the creation of the label demonstrateNACON's ambition and desire to offer high quality games developed by and for gamers. The Ishtar Games team willallow us to progress in the independent games segment" says Mr. Alain Falc, Chairman and CEO of NACON.

"This new adventuregives a boost to the strategyweput in place five yearsago. We are all the more enthusiastic as itis a logicalevolution, in the continuity of our know-how" says Matthieu Richez, President and co-founder of Ishtar Games. "The confidence that NACON places in us to carry out thisbothambitious and disruptive approach of creating a label of independent games supportingour values is the guarantee of an intelligent and motivating collaboration for our teams. Wewillfinally have the means to fully express ourcreativity and aim for excellence, to the delight of ourplayers. "

This new external growth transaction will not only support the 2023 plan, but also develop the independent games segment within the NACON group.

Final completion of the transaction remains subject to usual conditions precedent being met.

NACON's "Video Games" unit will thus have 14 development sites (9 in France, 1 in Belgium, 1 in Italy, 2 in Canada and 1 in Australia) with a total of over 600 developers, supported by a 70-person publishing team.

Upcomingevents:
Q2 2021/22 sales: 25 October 2021, Press release after close of the Paris stock exchange

* * *



ABOUT NACON



2020-21 ANNUAL SALES
177.8 M€



HEADCOUNT
Over 700 employees









INTERNATIONAL
20 subsidiaries and a distribution network across 100 countries
https://corporate.nacongaming.com/


NACON is a company of the BIGBEN Group founded in 2019 to optimize its know-how through strong synergies in the video game market. By bringing together its 14 development studios, the publishing of AA video games, the design and distribution of premium gaming devices, NACON focuses 30 years of expertise at the service of players. This new unified business unit strengthens NACON's position in the market, enables it to innovate by creating new unique competitive advantages.

Company listed on Euronext Paris, compartment B

ISIN : FR0013482791 ; Reuters : NACON.PA ; Bloomberg : NACON:FP





PRESS CONTACT

Cap Value – Gilles Broquelet gbroquelet@capvalue.fr - +33 1 80 81 50 01

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

HiddenA line styled icon from Orion Icon Library.Eye