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SOEDESCO Acquires Kyodai Development Studio

by Rainier on Sept. 6, 2023 @ 6:17 a.m. PDT

SOEDESCO announces the acquisition of 100% of the shares of Bulgarian independent development studio Kyodai.

This acquisition will give SOEDESCO access to Kyodai's impressive development resources and talent, strengthening its content pipeline.

Kyodai will be maintaining its ability to develop projects with creativity and ambition.

Based in Sofia, Bulgaria and with over ten employees, Kyodai, known for its first game 'ELEA', is centered around innovative and high-quality gameplay experiences.

Currently, the team is focused on the development of the highly anticipated Truck Driver: The American Dream, expanding the Truck Driver IP. 

“We’ve had a strong partnership with Kyodai since 2017 and I couldn’t be more thrilled to officially welcome them to the SOEDESCO family,” said Soedesh Chauthi, founder and CEO of SOEDESCO. “This is the next step in our strategy to expand the development capacity of SOEDESCO as we continue to operate on a worldwide scale. Kyodai is filled with many talented and creative people. We understand how vital creative integrity is to the studio and we look forward to supporting them as they continue to grow." 

"In SOEDESCO, we have discovered a partner that wholeheartedly supports our mission and is dedicated to propelling our vision of crafting impactful entertainment experiences. This commitment to creative independence resonates deeply with Kyodai's core values," stated Todor Todorov and Ivaylo Koralsky, the Co-CEOs and Founders of Kyodai. "Our dedication to fostering a collaborative and conducive working environment remains unwavering, as we strive to produce captivating and pioneering games."

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