Keywords Studios buys Brighton-based game developers for £26m
Irish videogame company Keywords Studios has announced the acquisition of Studio Gobo and Electric Square (together, ‘Gobo’) for up to £26m. Working from three studios in Brighton and Hove, Gobo provides game development services for developers and publishers around the world. Founded in 2011, it employs 170 software engineers, artists, animators, game designers, QA testers and producers. Over the years it has worked for franchises including Disney Infinity, Ubisoft’s For Honor and Microsoft’s Miami Street. Building on its purchase of d3t last year, this latest deal takes Keywords’ UK game development team to 220 staff and expands its worldwide game development team to 610 people. Gobo’s revenues have nearly doubled to £11.6m in the last 12 months to 31 July 2018.