Sumo Group
Sumo Group business and news from across the web.
"We're always on the hunt for new content" – Secret Mode on the surprise acquisition of Chained TogetherSecret Mode has acquired the viral co-op platformer Chained Together from Anegar Games, with backing from Emona Capital. CEO Ed Blincoe stated that acquisitions are a core pillar of their strategy, alongside signing new titles. The publisher plans to bring in a new development team to expand content for Chained Together and is also continuing its support for the previously acquired game, Escape the Backrooms.- Sumo partners with Arm to test AI-powered neural graphics techSumo Group is partnering with Arm Holdings to develop AI-powered neural graphics technology. This collaboration aims to bring PC-class gaming experiences to mobile platforms.
Sumo partners with Arm to test AI-powered neural graphics techSumo Group is partnering with Arm Holdings to test AI-powered neural graphics technology. The article discusses the current console generation, noting that Xbox Series X offers a strong game lineup despite PlayStation's slower exclusive release cadence. It also touches on past leadership issues at Xbox and the potential for PC games to be playable on future Xbox consoles.- Evening InterviewsSumo Group has outlined a clear strategy for its future following a period of restructuring. The company aims to adapt to the evolving landscape of the gaming industry.
"We now have a clear vision for how Sumo fits into the new world" - inside the slimmed-down Sumo GroupSumo Group, now co-led by Gary Dunn and Andy Stewart, is refocusing exclusively on co-development and work-for-hire services for partners, moving away from self-funded IP. This strategic shift follows staff reductions and the divestment of several studios, with support from parent company Tencent. The company aims to leverage its expertise in working with established IPs and offers flexible funding models, including co-funding, to collaborate on projects across various platforms like PC, consoles, and Roblox.
Still Wakes The Deep dev The Chinese Room signs with Lyrical Publishing for new titleBAFTA-winning studio The Chinese Room has partnered with new publisher Lyrical Games for its first new intellectual property since separating from Sumo Group. Lyrical Games will provide full financing and strategic support while ensuring the studio retains IP ownership. This collaboration marks a significant step for The Chinese Room, known for titles like Still Wakes the Deep and Everybody's Gone to the Rapture.
Why Hiro is bullish on UK and EU game dev funding after helping The Chinese Room and Bulkhead go independentHiro Capital, through its new advisory division, is bullish on the UK and EU game development funding landscape, seeing a rise in independent studios formed by experienced teams. The firm has already assisted The Chinese Room and Bulkhead Interactive in regaining independence from larger corporations. Factors like regulatory limitations on US investment for Asian companies and the availability of talent exiting larger firms contribute to Europe's attractiveness for game dev investment.
Secret Mode busted out of the Tencent-owned Sumo Group last year. Now what?Secret Mode, an indie publisher owned by Sumo Group (which is in turn owned by Tencent), has successfully gained independence with the help of investment firm Emona Capital. This move came after Sumo Group announced a shift to exclusively focus on development services. Secret Mode's CEO Ed Blincoe and chief publishing officer James Schall detail the rapid acquisition process and the publisher's subsequent growth, including new hires and ambitious projects like Star Wars: Galactic Racer.