Last year, we saw the grand return of Streets of Rage, with an official follow-up to the 90s beat ’em up series. As it turns out, Streets of Rage 4 impressed some larger publishers, leading to Focus Home Interactive acquiring Dotemu.
Dotemu, publisher for Streets of Rage 4, is being acquired by Focus Home Interactive in a deal worth €38.5 million. The deal also includes an additional €15 million in bonuses for hitting specific goals, although the exact terms here have not been made public.
The acquisition will allow Focus Home Interactive to further diversify its game output and remain competitive against other indie publishers, like Devolver Digital and Embracer Group. Speaking on the acquisition, Focus Home Interactive CEO, Christophe Nobileau, said:
“The arrival of Dotemu marks a key step in the acceleration of the group’s growth and in the diversification of its expertise. By enriching our editorial line, we are opening up a new revenue stream and market shares to conquer in a fast-growing sector.”
As reported by GI.biz, earlier this year, Focus Home Interactive raised €70 million to fuel acquisitions. With just over half of that money now spent, there could be another acquisition on the way.
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KitGuru Says: Streets of Rage 4 was a fun time and is still available on Xbox Game Pass today if anyone skipped it previously.