Technology
Nacon Acquires Australian Developers Big Ant In $54.8 Million Deal – Kotaku Australia
Big Ant Studios, one of Australia’s biggest indie developers, has just been acquired by French publisher Nacon in a $54.8 million deal.
French video game publisher Nacon has just announced the acquisition of Big Ant Studios, creators of the Don Bradman Cricket, Cricket 19 and AO Tennis sports games, for a “maximum price of” $54.8 million.
The total acquisition price is a little malleable, according to the official release. In the terms and conditions, Nacon has agreed to pay a net price of 15 million euros net cash and debt when the deal is signed, with another earn out payable after March 31, 2024:
The acquisition of 100% of the…
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