The subsidiary company of playzo GmbH, founded by Christoph Süß in 2010, has been responsible for the development of games like "Desert Operations", "Wargame 1942" and "Generals of War" and will continue to work on these titles in the future.

The acquisition of worldwide rights to successful games such as Desert Operations, Wargame 1942 and Generals of War will enable gamigo to develop additional markets and to better adapt the games to their respective market environments by providing ongoing updates, thereby enabling the games to achieve further growth.

By taking over the playzo games GmbH studio in Darmstadt, gamigo ensures close coordination between publishing and product enhancement activities. In the upcoming months, the focus will be on expanding and optimizing the acquired games.

The acquisition of playzo games GmbH will have a positive effect on EBITDA and net profit as early as the second quarter of 2016.

Christoph Süß, CEO of playzo GmbH, comments: “With gamigo’s acquisition of the game licenses as well as the studio both publishing and game development are in one hand, which will sustainably increase efficiency. playzo is going to focus on the development of new game projects from now on."

Remco Westermann, CEO of gamigo AG, said: “We are continuing our growth strategy. With the addition of an experienced team and the planned expansion of the Darmstadt site, we will continue to focus squarely on improving our products, which will have a sustained, positive effect on growth and profitability.”

gamigo AG is already planning further acquisitions as well.