10tacle studios AG
Overview
10tacle studios AG was a German game publisher founded by CEO
Michele Pes in August 2003 in Darmstadt, Germany.
Since its founding 10tacle studios AG acquired many companies in different countries. The first one was the German studio
reakktor.com in 2004 and in October 2005 they acquired development studio
elseWhere Entertainment and renamed it
10tacle Studios Belgium. In December of 2005 they opened a development studio in Singapore, and
Blimey! Games was acquired two months later in February 2006. The hand-held division
10tacle Studios Mobile GmbH was established later that year in May.
In June 2007 they acquired development studio
Stormregion and in August 2007 a stake in
The Climax Group. In December 2007 10tacle announced to acquire Berlin-based
TGC – The Games Company, but due to financial problems that never happened. Because of their finances 10tacle claimed insolvency in August 2008 (this also lead to the end of the subsidiary
10tacle Studios Slovakia).
Trivia
From a press release dated Jan. 19, 2007:
Listed in the General Standard of the Frankfurt Stock Exchange, 10tacle studios AG is one of Europe’s leading independent developers and producers of high-end computer and video games.
In the first six months of 2006, the company reported a turnover increase to 12.71 million Euros (first six months of 2005: 1.8 million Euros). 10TACLE STUDIOS AG’s adjusted EBITDA improved to 2.9 million Euros in the first six months of 2006 (first six months of 2005: 510,000 Euros). EBIT reached 2.3 million Euros, compared to 43,000 Euros in the year-ago period. Currently, more than 230 employees work for the Company at its headquarters in Darmstadt and the development sites in Duisburg, Hanover, London, Charleroi, Bratislava and Singapore.
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