![]() The portfolio includes first-person shooters (i.a. Gamigo offers more than 30 online games, focusing primarily on MMOs (Massively Multiplayer Online Games) of various genres. The gamigo group is one of the leading German companies in the gaming business with more than 250 employees. So I went to look into who Gamigo was and, of course, the answer to that is a bit murky. Having 25 people left gives them about enough staff to keep the servers running, maybe apply a security patch now and again, and transfer control to the new owners before being let go further down the road. I knew enough that the news wasn’t good for people working at Trion, something confirmed not much later when it was reported that 175 of the 200 employees of Trion had been let go. So I knew who Gamigo was when it was announced yesterday that they were buying Trion Worlds. As I said, second tier stuff, a crowd of familiar ideas in an already crowded market. There is nothing that looks offensively bad there, but nothing that looks all that appealing either. I’m sure he has played others off of the long list on their site. I think the title of theirs I most recognize is Fiesta Online, though I couldn’t tell you why. ![]() They also bought Aeria games a while back and added their MMOs to the list. There is a market in being mistaken for somebody more popular I guess. Wasn’t there a Desert Combat mod for Wargame 1942? This entry was posted in entertainment, Quote of the Day, Rift and tagged ArcheAge, Gamigo, Media and Games Invest, MGI, Remco Westermann, synergy on Maby Wilhelm Arcturus. ![]() Maybe nothing will change on the MMO front. Then again, CEO Remco Westermann has been running Gamigo for a long stretch now ( video of him at Gamescom 2013), so it isn’t like there is a new broom coming in to sweep away things. Given the focus on mobile, ads, and monetization as well as the use of the words “synergy” and “efficiencies” I would have to say nothing good. There is enough synergy in that to make your head swim.Īll of which doesn’t go very far in answering the question of what happens to the MMOs of Gamigo? That is, after all, the general topic of this blog. Bloomberg doesn’t have anything on that, but it appears to be owned by Remco Westermann of the quote at the top of this post, so he owns the company that owns most of the company which he runs and which just bought out most of Gamigo, a company that was mostly owned by that company already. If it had been Cyprus that would have been more of a red flag.Īnd MGI itself is 68% owned by Bodhivas GmbH. There is probably nothing shady in that, save for a desire to pay less in taxes. MGI itself is registered as a corporation in Malta according to Bloomberg, at an address that resolves to Papilio Services Limited, a company that specializes in getting companies Malta residency for tax purposes. MGI describes itself as an investment group and its other holdings include AppLift, which does mobile platform advertising, PubNative, which describes its business as “Advanced Mobile Monetization,” and ReachHero, which is into “Influencer Marketing.” Unless they are tied in to MGI somehow, they look to have cashed out. I suppose we can just forget about Suryoyo Holding GmbH at this point. ![]() However, with the press release linked at the top, we now find that Media and Games Invest, plc (MGI), owned 53% of Gamigo and was moving in to acquire an additional 45% of the company, giving it a 98% lock on the whole thing. ![]() I suppose there isn’t much synergy between video games and real estate. ![]()
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