In between releasing DLC portrait packs and expansions for its grand strategy games, Paradox Interactive has kept itself busy in the business of video games. During its PDXCON, the company revealed two major publishing deals, quickly followed by the opening of a new studio dedicated to mobile game development. Now the company has announced its acquisition of Triumph Studios, the creators of the Age of Wonders and Overlord series.
Founded in 1997 by Lennart Sas and Arno van Wingerden, Triumph Studios is based in Delft, the Netherlands. The company’s niche is in the development of strategy games; its Age of Wonders series has sold in excess of one million copies to date.
“Triumph Studios is a developer of our own heart,” said Fredrik Wester, CEO of 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. We have great faith in Lennart, Arno and the Triumph team, and our main focus now is to ensure that they can continue to create their magic under new ownership.”
“We have been approached by others before with an interest to acquire us, but this is not merely a business transaction for us,” said Lennart Sas, CEO and co-founder of Triumph Studios. “This is a liaison with a partner that can help us grow sustainably by ensuring the stability and continuity needed for us to do more of what we do best – develop some of the best turn-based strategy games on the market today. Paradox is a good match for us both culturally and games-wise. They get it. It’s as simple as that, and we are extremely excited about the acquisition.”
Following the acquisition, the current team and management will all remain at Triumph Studios. All ongoing projects will remain in development and will be published by Paradox Interactive.