Kalypso Purchases Gaming Minds Studios

June 9, 2020 at 1:16pm
By Jason Stettner

Kalypso Media Group GmbH has announced a complete takeover of Gaming Minds Studios. The publisher now owns 100% shares of the developer. This studio is working on Port Royale 4 for Xbox One, Playstation 4 and PC for Autumn 2020. It’ll also arrive on Nintendo Switch in Q1 2021. Kalypso previously owned 60% of shares following the insolvency of previous publisher Ascaron Entertainment.

Together, the two have released Patrician IV, Port Royale 3, Grand Ages: Medieval and Railway Empire. This is a retroactive share purchase back to January 2020. This deal will find Daniel Dumont and Kay Struve remaining as Studio Heads for the long term future.

Quote; "The complete takeover of Gaming Minds is a logical result of our strategy to expand our own development resources not only in Germany, but also internationally" says Simon Hellwig, owner and Global Managing Director of Kalypso Media. "We are offering the highly qualified and motivated team in Gütersloh the opportunity to focus exclusively on the further development of exciting franchises such as Railway Empire and Port Royale and to establish their own engine even more strongly within the rest of the Kalypso Media Group."

Daniel Dumont, Studio Head at Gaming Minds Studios said, "Above all, we want to develop great simulation and strategy games on all platforms that players will love to play for years to come."

"It is a great relief to us that we have had a strong, secure publishing partner in Kalypso for over 10 years, who have always supported us fully and share in our philosophy for the studio." adds Kay Struve, Studio Head at Gaming Minds Studios.

You can read our review of Railway Empire below, or check out additional game hubs for further coverage.

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