Sumo Group

Source: Wikipedia, the free encyclopedia.

Sumo Group Limited
Tencent (2022–present)
Subsidiaries
Websitewww.sumogroupltd.com

Sumo Group Limited is a British video game

parent company for Sumo Digital and Atomhawk, followed by its initial public offering on the London Stock Exchange later that month. Another of Sumo Group's subsidiaries is Secret Mode, a publisher established in March 2021. After purchasing a minority stake in Sumo Group in November 2019, Tencent
wholly acquired the company in January 2022.

History

Carl Cavers, Paul Porter, Darren Mills and James North-Hearn, four former members of the defunct

parent company for Sumo Digital and its Atomhawk subsidiary. Sumo Group had its initial public offering on the London Stock Exchange's (LSE) AIM market later that month.[6][7]

In November 2019, the Chinese conglomerate

closing price of £3.58), totalling £919 million. At the time, Tencent was Sumo Group's second-largest shareholder at 8.75%.[11][12]

In September 2021, Sumo Group acquired Auroch Digital, a Bristol-based developer, £6 million.[13] Tencent's acquisition was approved by the Committee on Foreign Investment in the United States in December 2021, followed by the High Court of Justice on 13 January 2022. Sumo Group was consequently delisted from the LSE on 17 January and became a subsidiary of Tencent through the latter's Sixjoy Hong Kong Limited holding subsidiary.[14] On July 21, 2022, Sumo Group sold Pipeworks Studios to RuneScape developer Jagex for an undisclosed sum.[15] In September 2023, it was announced Sumo Group had acquired the Leamington Spa-based game development studio, Midoki.[16]

Subsidiaries

  • Atomhawk
    • Atomhawk Canada
    • Atomhawk United Kingdom
  • Auroch Digital
  • Secret Mode
  • Sumo Digital
    • Lab42
    • PixelAnt Games
    • Red Kite Games
    • Sumo Leamington
    • Sumo Newcastle
    • Sumo Nottingham
    • Sumo Pune
    • Sumo Sheffield
    • Sumo Warrington
    • The Chinese Room
  • Timbre Games

References

  1. ^ https://www.sumogroupltd.com/ [bare URL]
  2. ^ "Interview: Paul Porter, Sumo Digital". MCV/Develop. 4 September 2017. Archived from the original on 19 July 2021. Retrieved 19 July 2021.
  3. ^ Boyes, Emma (17 August 2007). "Foundation 9 wrestles with Sumo Digital". GameSpot. Archived from the original on 6 February 2018. Retrieved 28 April 2021.
  4. Gamasutra. Archived
    from the original on 14 February 2017. Retrieved 28 April 2021.
  5. ^ Handrahan, Matthew (22 September 2015). "Ian Livingstone CBE joins Sumo Digital". GamesIndustry.biz. Retrieved 28 November 2023.
  6. ^ Dunkley, Daniel (8 October 2017). "Games designers line up £150m float". The Times. Archived from the original on 14 April 2021. Retrieved 28 April 2021.
  7. ^ Bounds, Andy (6 December 2017). "Games developer Sumo to seek listing on UK's Aim market". Financial Times.
  8. GamesIndustry.biz. Archived
    from the original on 15 November 2019. Retrieved 28 April 2021.
  9. GamesIndustry.biz. Archived
    from the original on 31 March 2021. Retrieved 28 April 2021.
  10. Gamasutra. Archived
    from the original on 14 April 2021. Retrieved 28 April 2021.
  11. Gamasutra. Archived
    from the original on 19 July 2021. Retrieved 19 July 2021.
  12. ^ Takahashi, Dean (19 July 2021). "Tencent has agreed to buy video game maker Sumo Group for $1.27B". VentureBeat. Archived from the original on 19 July 2021. Retrieved 19 July 2021.
  13. GamesIndustry.biz. Archived
    from the original on 14 September 2021. Retrieved 15 September 2021.
  14. GamesIndustry.biz. Archived
    from the original on 17 January 2022. Retrieved 17 January 2022.
  15. ^ "Jagex acquires Pipeworks Studio to grow in North America". VentureBeat. 21 July 2022. Retrieved 21 July 2022.
  16. ^ Writer, Sophie McEvoy Staff (5 September 2023). "Sumo acquires mobile developer Midoki". GamesIndustry.biz. Retrieved 5 September 2023.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Sumo_Group&oldid=1204336043"