Nitro Games acquires a game from Doomsday

Nitro Games has acquired a new unannounced mobile game from a Danish developer.

Nitro Games announced it has acquired a new mobile game to its game portfolio. The game is an unannounced mobile shooter game developed by a Danish developer Doomsday ApS.

“We were impressed by the data we saw in our testing and are happy to welcome a new game into our game portfolio. We have a long history of successfully working together with external studios on our own projects. This is now a natural next step for us, as the recently secured funding allows us to add a new game to our portfolio from an external studio. We’re looking forward to working together with the developers to maximize the potential of the game towards the upcoming launch,” says Jussi Tähtinen, CEO & Co-Founder of Nitro Games.

Nitro Games and Doomsday have signed a Game acquisition agreement for an unannounced mobile game developed by Doomsday. With this agreement, Nitro Games secures the ownership of the game and all related intellectual property rights. Nitro Games shall pay acquisition costs totaling approx. 2,7 million EUR. The acquisition costs are paid in cash installments over a period of up to 2 years with a payment schedule tied to the progress of the development and launch of the game. Nitro Games has also agreed to pay Doomsday a success fee based on the sales of the game for the first 24 months following the global launch of the game. The agreement follows an industry-standard structure. The project is ongoing, and the game is expected to launch in 2023.