Led by industry veterans Mike Borras and Helmut Hutterer, Iron Mountain Interactive is a highly-acclaimed European game development studio whose team has worked on some of the largest gaming franchises in history including Grand Theft Auto, Max Payne, Manhunt and Dead Island.
Under the terms of the Series A round, Oasis Games has made a cash equity investment into Iron Mountain Interactive in exchange for a minority stake in the company. The terms also provide Oasis Games with the exclusive worldwide publishing rights to Iron Mountain Interactive’s unannounced next game - a competitive, online multiplayer “Hero Sport” game scheduled for release globally in 2019 on PC, PS4 system and other console platforms.
This is the first Western investment by Oasis Games and expands the development resources available to make an impactful launch while giving the company a key new title to expand into the multi-billion dollar competitive online gaming space.
“This long-term, strategic partnership with Iron Mountain Interactive is our first investment in a Western company and further strengthens our publishing portfolio and stable of development talent, as this team’s long and impressive track record for developing high-quality, unique gameplay experiences for both Western and Asian audiences, will resonate with our international player base,” said Yuhui Wang, Chief Executive Officer of Oasis Games. “This partnership marks yet another milestone in our ongoing strategy for growing our business in the Western market, together with our partners at Sony Interactive Entertainment Asia.”
“Oasis Games shares our vision for bringing high-quality online multiplayer games to the world, and they have been doing so globally since 2011,” said Mike Borras, Chief Executive Officer of Iron Mountain Interactive. “I’m looking forward to working in partnership with Oasis Games to combine their Chinese and Global platforms and resources with our love for creating unique and ambitious multiplayer games that can be enjoyed on multiple platforms by millions of players around the world.”