Focus Home Interactive has acquired Dotemu, the Paris-based retro publisher behind Streets of Rage 4 and the upcoming Teenage Mutant Ninja Turtles: Shredder’s Revenge. At the same time as supporting the sale, Dotemu has said how much they would like to work on franchises such as Terminator, Indiana Jones, and especially Conan the Barbarian.
Focus announced today that it has purchased 77.5% of its fellow French publisher Dotemu’s shares for €38.5 million/$45.5 million (thanks, GameIndustry.biz) – with an additional bonus of up to €15 million/$17.7 million that will be paid out upon the completion of specific “employment and performance goals”, bringing the total up to a potential €53.5 million/$63.3 million.
Dotemu CEO Cyrille Imbert, who will be joining the executive committee of Focus Home Interactive, praised the purchase. “Joining the Focus Home Interactive Group was an obvious choice for Dotemu,” he explains. “We share the same passion for video games, the same desire to improve, as well as the same values of respect and benevolence towards our partners and teams.”