Swedish games company Thunderful Group has acquired Swedish independent mobile game developer Early Morning Studio for an undisclosed amount.
The Stockholm-based developer is best known for his self-published mobile RPG Vampire’s Fall: Origins, which has racked up over 10 million players, and Champions of Avan.
The studio is currently developing the next Vendir: Plague of Lies.
Following the acquisition, Early Morning Studio will continue to be led by its founders, Emir Kuljanin and Kristian Andersson, who will lead its current team of 17 employees.
Brings mobile expertise
“Early Morning Studio is an exciting company that brings great value to Thunderful,” said Brjánn Sigurgeirsson, CEO of Thunderful Group.
“We’re always looking for studios with a set record of great game releases and Early Morning Studio is a prime example.
“Their mobile expertise will help us support us as we continue to grow mobile alongside our console and PC business. Adding their knowledge of how to create compelling free titles at Thunderful will be a huge advantage in a segment that has a bright future ahead. “
Thunderful’s has focused on releasing both PC and console versions, however, with the acquisition of Early Morning Studio, the publisher is looking to expand towards publishing mobile games.
Early Morning Studio co-founder and CEO Emir Kuljanin added, “We are really excited to join Thunderful. Thunderful’s support gives us the support we need to realize our creative vision with the exciting mobile projects we have underway. I’m excited to be able to use their vast knowledge and experience to help us create the best games possible as we continue to develop and release our titles on our own. “
Recently, Thunderful Group acquired UK-based gaming consultancy Robot Teddy for $ 13.7 million and established a new investment arm, Thunderful Investment.