The management of Keywords Studios has approved the sale of the company for 2.1 billion pounds sterling
The gaming outsourcer Keywords Studios agreed to become part of the investment firm EQT Group. It will join the EQT Group’s subsidiary called Bidco.
Under the terms of the deal, EQT Group will pay £24.5 ($31.1) per share of Keywords Studios. This brings the outsourcer's valuation to £2.1 billion ($2.67 billion).
Previously, EQT Group planned to pay more — £25.5 ($32.4) per share, but reduced the offer due to issues within the gaming industry.
Recall that Keywords Studios was founded in 1998. Among its clients are Microsoft, Electronic Arts, Take-Two Interactive, Ubisoft, Supercell, Epic Games, and many other major companies. It has contributed to games like Call of Duty, Starfield, Hogwarts Legacy, Fortnite, Clash of Clans, and Baldur’s Gate 3.
