Paradox and Triumph will host a live stream and Q&A about the acquisition on Friday, June 30 at 4PM CEST. We have great faith in the Triumph team and leadership, and our main focus now is to ensure that they can continue to create their magic under new ownership,” said Fredrik Wester, CEO at Paradox Interactive. They are world-leading within their niche and have built a large and dedicated community over the years, counting quite a few Paradox employees among their hardcore fans. “Triumph Studios is a developer of our own heart. It will increase Paradox market reach as well as in-house development capacity for upcoming games. The acquisition will add several well-known brands to the Paradox Interactive IP portfolio. All ongoing projects will remain in development, and will be published by Paradox Interactive. Following the acquisition, the current team and management will all remain with the studio. The Age of Wonders-series has sold in excess of one million copies to date. Founded in 1997, the studio is known as one of the top-tier strategy game developers worldwide. Triumph Studios, based in Delft, The Netherlands, are the creators of the critically-acclaimed Age of Wonders and Overlord-series. STOCKHOLM - J- Paradox Interactive is pleased to announce it has acquired game developer Triumph Studios and all its assets for a total cash consideration of €4 million, plus a performance-based earnout of up to €21 million, to be paid out over several years.
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With software released under the open source GPLv3 license, anybody can download, install, run and distribute the software with little in terms of restrictions.
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