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Thunderful Group will acquire Germany-based publisher and developer Headup, the company announced<\/a>. The acquisition is expected to complete by March 31. <\/span><\/p>\n
Under Thunderful Group, Headup will remain an independent game publishing and development company. Headup CEO Dieter Schoeller will take on a new role as head of publishing at Thunderful Games to handle publishing operations in Sweden and Germany.<\/p>\n
In addition to its several production and publishing projects, Headup is also currently developing an unannounced game \u201cbased on a world-renowned IP.\u201d<\/p>\n
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\u201cThe acquisition of Headup is fully in line with our strategy to grow our Games segment and the Group as a whole,\u201d said Thunderful Group CEO Brjann Sigurgeirsson in a press release. \u201cI\u2019ve known Dieter Schoeller ever since we started publishing games ourselves more than ten years ago. The fine folks at Headup are very good at merging game development and publishing, and they\u2019re doing better and better business. The acquisition strengthens our international position, broadens our network towards more development studios and creates synergies within the Group\u2019s publishing operations. We welcome our new co-workers in Duren who will work closely with their colleagues at Thunderful Publishing.\u201d<\/p>\n
Headup CEO and founder Dieter Schoeller added, \u201cAfter more than a decade on our own, it\u2019s time for the next big adventure\u2014and I\u2019m really happy to become a part of Thunderful Group! I\u2019ve had the pleasure of knowing Brjann for many years now, and he\u2019s always been an inspiration for business practices and partnerships. Becoming an important part of the family will give our experienced team new opportunities and unleash our full potential.\u201d<\/p><\/div>\n