{"id":316,"date":"2022-03-02T14:35:47","date_gmt":"2022-03-02T14:35:47","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/03\/02\/netflix-acquires-another-developer-to-build-world-class-games\/"},"modified":"2022-03-02T14:35:49","modified_gmt":"2022-03-02T14:35:49","slug":"netflix-acquires-another-developer-to-build-world-class-games","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/03\/02\/netflix-acquires-another-developer-to-build-world-class-games\/","title":{"rendered":"Netflix acquires another developer to build \u2018world class games\u2019"},"content":{"rendered":"<p>Source: <a href=\"https:\/\/www.theverge.com\/2022\/3\/2\/22957953\/netflix-next-games-acquisition-stranger-things-mobile-puzzle-rpg\">https:\/\/www.theverge.com\/2022\/3\/2\/22957953\/netflix-next-games-acquisition-stranger-things-mobile-puzzle-rpg<\/a><br \/>\n<code><br \/><\/br><\/code><\/p>\n<div readability=\"65.731739130435\">\n<p id=\"9q4Gdm\">Netflix has made an offer to acquire <a href=\"https:\/\/www.nextgames.com\">Next Games<\/a>, the Finland-based developer behind mobile puzzle RPG <em>Stranger Things: Puzzle Tales<\/em>. In a <a href=\"https:\/\/about.netflix.com\/en\/news\/netflix-to-acquire-next-games\">blog post<\/a>, Netflix\u2019s VP of games Mike Verdu said that the acquisition was to help the company \u201cbuild a library of great games for our members to enjoy.\u201d Next Games has also developed a pair of Walking Dead-themed mobile games.<\/p>\n<p id=\"8Eby9I\">The acquisition comes as Netflix is building a mobile gaming service into its regular subscription service. Netflix Games launched on <a href=\"https:\/\/www.theverge.com\/2021\/11\/9\/22772480\/netflix-games-apple-iphone-ipad-ios-subscription-app-store\">iOS<\/a> and <a href=\"https:\/\/www.theverge.com\/2021\/11\/2\/22759628\/netflix-games-global-rollout-mobile-android-devices\">Android<\/a> last year, and consists of a handful of mobile games that are available free to download from app stores for Netflix subscribers, with no ads or in-app purchases. <\/p>\n<div class=\"c-float-right\">\n<aside id=\"vzMwSv\"><q>\u201cWe will be able to build a portfolio of world class games that will delight our members\u201d<\/q><\/aside>\n<\/div>\n<p id=\"mApQEg\">\u201cWhile we\u2019re just getting started in games, I am confident that together with Next Games we will be able to build a portfolio of world class games that will delight our members around the world,\u201d Verdu writes.<\/p>\n<p id=\"EKMfd4\">So far, many of the titles on Netflix\u2019s gaming service have been developed by external partners. Its two games based on the Stranger Things franchise \u2014 <a href=\"https:\/\/help.netflix.com\/en\/node\/121340\"><em>Stranger Things: 1984<\/em><\/a><em> <\/em>and <a href=\"https:\/\/help.netflix.com\/en\/node\/121936\"><em>Stranger Things 3: The Game<\/em><\/a><em> <\/em>\u2014 both list Texas-based BonusXP as their developer. Netflix has also licensed the <a href=\"https:\/\/www.theverge.com\/2021\/11\/24\/22800168\/netflix-gaming-service-asphalt-xtreme\">pre-existing game Asphalt Xtreme<\/a> to offer exclusively to its subscribers. But with the acquisition of Next Games and <a href=\"https:\/\/www.theverge.com\/2021\/9\/28\/22699241\/netflix-night-school-acquisition-oxenfree\">Night School Studio last year<\/a>, it seems the streaming giant is hoping to develop more titles for its service in-house.<\/p>\n<p id=\"BB7c62\"><a href=\"https:\/\/techcrunch.com\/2022\/03\/02\/netflix-acquires-next-games-in-finland-publisher-of-stranger-things-and-walking-dead-games-for-72m\/\"><em>TechCrunch<\/em> notes<\/a> that acquisitions are relatively uncommon for Netflix, with just five associated with the streaming giant <a href=\"https:\/\/www.crunchbase.com\/search\/acquisitions\/field\/organizations\/num_acquisitions\/netflix\">on Crunchbase<\/a>. But its move to acquire Next Games comes as the likes of <a href=\"https:\/\/www.theverge.com\/2022\/1\/18\/22889258\/microsoft-activision-blizzard-xbox-acquisition-call-of-duty-overwatch\">Microsoft<\/a> and <a href=\"https:\/\/www.theverge.com\/22910846\/sony-bungie-acquisition-playstation-destiny-halo\">Sony<\/a> are making major developer acquisitions, widely seen as a way of building out their respective gaming subscription services. <\/p>\n<p id=\"jh7qIL\">Netflix is offering to <a href=\"https:\/\/www.prnewswire.com\/news-releases\/netflix-to-acquire-finnish-mobile-game-developer-next-games-301493654.html\">acquire Next Games for \u20ac65 million<\/a> (around $72 million), and Next Games\u2019 board of directors has recommended that shareholders accept the offer. The offer equates to \u20ac2.1 in cash per share, which <a href=\"https:\/\/www.reuters.com\/article\/netflix-ma-finland-next-games\/netflix-offers-to-buy-finnish-game-studio-idINL8N2V51WE\"><em>Reuters<\/em> notes<\/a> is over double its \u20ac0.93 closing price yesterday. The companies expect the transaction to complete in the second quarter of 2022. <\/p>\n<p id=\"eazOep\"><em>Disclosure: <\/em>The Verge<em> is currently producing a series with Netflix.<\/em><\/p>\n<\/div>\n<p><code><br \/><\/br><\/code><\/p>\n<p>Source: <a href=\"https:\/\/www.theverge.com\/2022\/3\/2\/22957953\/netflix-next-games-acquisition-stranger-things-mobile-puzzle-rpg\">https:\/\/www.theverge.com\/2022\/3\/2\/22957953\/netflix-next-games-acquisition-stranger-things-mobile-puzzle-rpg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Netflix has made an offer to acquire Next Games, the Finland-based developer behind mobile puzzle RPG Stranger Things: Puzzle Tales. In a blog post, Netflix\u2019s VP of games Mike Verdu said that the acquisition was to help the company \u201cbuild a library of great games for our members to enjoy.\u201d Next Games has also [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":317,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,8],"tags":[13],"class_list":["post-316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-technology","tag-gaming"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Netflix acquires another developer to build \u2018world class games\u2019 - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/03\/02\/netflix-acquires-another-developer-to-build-world-class-games\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Netflix acquires another developer to build \u2018world class games\u2019 - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source: Netflix has made an offer to acquire Next Games, the Finland-based developer behind mobile puzzle RPG Stranger Things: Puzzle Tales. 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