Paradox Interactive Take Over Triumph Studios
Strategy kinds Triumph Studios have been acquired by Paradox Interactive. The Cities: Skylines and Stellaris publisher are now the proud owners of the Overlord and Age of Wonders creators.
“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.
The acquisition sees the current team and management at Triumph remain. All existing projects will continue, but will be published by Paradox. The company remains headed by founders Lennart Sas and Arno van Wingerden, who have overseen their company for thirty years now.
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