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Playdigious annouces acquisition by Fragbite Group

 

Montpellier, France – May 31th 2021: Playdigious SAS, an European games publisher is pleased to annouces its acquisition by Sweden-based group FunRock AB (under name change to Fragbite Group AB). 

Fragbite Group has acquired 100% of the shares (directly and through shares exchange) of Playdigious. Following the acquisition Fragbite Group will strenghten its capacity with a new Publishing & Indie games business area. 

Playdigious has notably been bringing indie games to mobile in recent years, including some award-winning games like Evoland, Dead Cells and recently Northgard. Launched in February 2021, Dead Cells mobile in China sold over 1 million units and is currently under strong growth.

I am very pleased to welcome the Playdigious and its employees to Fragbite Group. In addition to strengthening the Group’s earnings capacity, we’re also strengthening our Group with two experienced entrepreneurs, who add both cutting-edge expertise and commitment. Through the acquisition, another business area is added to the group, Publishing & Indie games, which gives us good opportunities to be able to build a strong platform to grow further from”, comments Stefan Tengvall, President and CEO of Fragbite Group AB.

”We are thrilled to become part of Fragbite Group so we could add competence and resources to utilize the potential even more and grow the business further. The group shares a common vision with us, including valuing the team experience and trust-based relationship with all our partners.”, comments Xavier Liard, co-founder and CEO, Playdigious.

”We are convinced that this is a great opportunity for Playdigious to be part of Fragbite Group AB and this will bring additional value to the group and Playdigious future growth”, comments Romain Tisserand, co-founder and CTO, Playdigious. 

Further question? Email us at [email protected] 

or reach Fragbite Group: 
Stefan Tengvall, President and CEO [email protected]

Marcus Teilman, Deputy CEO [email protected]
 

About Playdigious:
Based in Montpellier, France, Playdigious is a publisher with in-house porting capacity currently working on high quality indie games on mobile, PC and console (Dungeon of the Endless Switch/PS4, Cultist Simulator Mobile, Dead Cells Mobile, etc). The company was established in 2015 by Xavier Liard and Romain Tisserand, experienced entrepreneurs who previously founded DotEmu.
 
About Fragbite Group:
Fragbite Group is a digital gaming entertainment group with subsidiaries active in the mobile games and e-sports industry. The group consists of companies with people who all share the same passion for gaming. The Group is headquartered in Stockholm, Sweden and has physical representation in Alexandria, Egypt. The group has two internal game development studios and employs approx. 30 employees in more than five countries. The subsidiaries Funrock AB and Prey studios AB develop, publish, distribute and market mobile games for the global gaming market. Fragbite AB is one of the Nordic region's leading E-sports media companies that organizes and broadcasts e-sports tournaments live.