Keywords Studios, a leading provider of services to the video gaming industry, has announced a significant acquisition.
The company has acquired Blindlight, a Hollywood-based production service firm, in a strategic move valued at $10 million.
Keywords Studios, a prominent player listed on the London Stock Exchange, has strategically acquired Blindlight, a firm known for its deep-rooted expertise in Hollywood production services tailored for the video games industry. This acquisition, valued at up to $10 million, marks a significant enhancement in Keywords Studios’ service portfolio, promising to enrich the gaming production services offered to its global clientele.
The company has been instrumental in bringing Hollywood-level production resources to top gaming companies including Bethesda, NCSoft, Sony Interactive Entertainment, and Ubisoft. This strategic alliance is set to bolster Keywords Studios’ capabilities in delivering unprecedented creative excellence to the gaming world.
Additionally, a deferred payment of up to $4.8 million is contingent upon Blindlight’s performance over the next two years. This performance-based structuring reflects Keywords Studios’ commitment to aligning financial incentives with business growth.
With Keywords’ recent expansion into music services, there is a vision to integrate Blindlight’s expertise to tap into Los Angeles’ vibrant production landscape, enhancing downstream services like translation and localised voice over.
Such performance metrics are pivotal in assessing the future contributions of Blindlight to Keywords Studios’ financial ecosystem.
Keywords Studios is poised to make significant strides by integrating Hollywood’s creative processes with gaming, heralding a new era of interactive entertainment.
By leveraging Hollywood’s creative prowess within the gaming industry, Keywords Studios is set to redefine the landscape of game production services.
This acquisition is a testament to Keywords Studios’ forward-thinking strategy, propelling them to new heights in creative service provision.
By integrating Blindlight’s expertise, Keywords Studios significantly enhances its value proposition to the gaming industry.
