Paradox Interactive announced early today that they have acquired Triumph Studios, Developer of the Overlord Series and Age of Wonders franchise.
This announcement also went into detail about the future of Triumph Studios. According to Paradox, all the current team and management will remain with the company. Furthermore, all projects currently in development will continue as before, but will now be published by Paradox Interactive.
“Triumph Studios is a developer of our own heart. 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,” said Fredrik Wester, CEO at Paradox Interactive.
“We have been approached by others before with an interest to acquire us, but this is not merely a business transaction for us. 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,” said Lennart Sas, CEO and co-founder of Triumph Studios.
Triumph Studios was founded in 1997 by Lennart Sas and Arno van Wingerden, both of who are still with the company today. The studio has worked on a wide range of projects since it’s inception, but are most known for the Age of Wonders franchise, along with the Overlord series of games, penned by Rhianna Pratchett.
Fredrik Wester, CEO of Paradox Interactive along with Lennart Sas, CEO of Triumph have a live-stream planned to discuss the acquisition on Friday June 30 at 4PM CEST (10:00 AM EST) and can be watched over at twitch.tv/paradoxinteractive.