Netflix is acquiring Next Games, developer of Stranger Things: Puzzle Tales.
Netflix has announced that it has entered into an agreement to acquire Stranger Things: Puzzle Tales developer Next Games. The developer, which is based in Helsinki, Finland, also previously developed The Walking Dead: Our World and The Walking Dead: No Man's Land. The acquisition comes as part of Netflix's continued expansion into offering video games on the streaming platform. The terms of the offer would see Netflix pay €2.
"Next Games has a seasoned management team, strong track record with mobile games based on entertainment franchises, and solid operational capabilities," said Michael Verdu, Vice President of Games at Netflix, as part of the announcement."We are excited for Next Games to join Netflix as a core studio in a strategic region and key talent market, expanding our internal game studio capabilities.
As noted above, the acquisition of Next Games is expected to close in the second quarter of 2022 for roughly €65 million. Next Games is not the first video game developer to be acquired by Netflix, however, as it previously acquired Oxenfree II developer Night School Studio last year. You can check out all of our previous coverage of Netflix in general right here.
0commentsWhat do you think about Netflix acquiring Stranger Things: Puzzle Tales developer Next Games? Are you interested to see what sort of video games Netflix works on internally next? Let us know in the comments, or feel free to reach out and hit me up directly over on Twitter at @rollinbishop in order to talk about all things gaming!
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