Playdead Used The Limbo Profits To Buy Itself From Investors

Denmark-based indie developer Playdead was created with one goal — to produce Xbox Arcade game Limbo. Since the game premiered in 2010, it has been also been developed for the PlayStation Network, and for the PC on Steam.

In order to complete and expand Limbo, Playdead founders Arnt Jensen and Dino Patty called on the Danish government. When the company still needed more money, the govenment assisted Jensen and Patty in finding investors to help get Limbo on its feet.

Now the company has made enough money off of Limbo to buy itself back from its investors. This means that not only will Playdead have complete control over any games that they develop from here on out; the company is now completely owned by the founders and management within the company.

Limbo Developer Playdead Buys Itself Back From Investors [Gamasutra]


Comments

    Awesome!

    Well done to them, a smart way to use those profits!

    Nice stuff.
    Although, i hope the combination of profits from Limbo and their future projects will be enough to keep them afloat - i mean, it would have cost A LOT of money to pay out all their investors.

    In Mother Australia, investors eat you!

    *watches as another aussie gamedev company closes*

    THIS GAME RAWKS

Join the discussion!

Trending Stories Right Now