Keywords Studios PLC Acquisition (1341X)
February 17 2017 - 1:00AM
UK Regulatory
TIDMKWS
RNS Number : 1341X
Keywords Studios PLC
17 February 2017
17(th) February 2017
Keywords Studios plc ("Keywords", "the Group")
Acquisition of Spov Ltd,
Strengthening the Group's Art Services line of business
Keywords Studios, the international technical services provider
to the global video games industry, today announces that it has
acquired Spov Ltd. ("Spov") for a total consideration of up to
GBP1.2m in cash from its founder, Allen Leitch. Based in London,
UK, Spov provides creative development, cinematics, UI, visual
effects and motion graphics services to the video game and film
markets. (www.spov.tv)
Founded in 2007 by Allen Leitch, Spov maintains a small team of
creatives in London and manages a network of highly experienced
designers, animators, film makers and artists to produce intricate
footage for use in video games, film and TV. The company has worked
on titles that include Mission Impossible: Rogue Nation, Watch
Dogs, The Division, Call of Duty: Advanced Warfare; Batman: Arkham
Knight and Marvel's Doctor Strange.
Fred Stockton, Global Art Service Line Director, Keywords
Studios commented:
"We are thrilled to have Allen and the Spov team of talented
creative professionals join the Art Service Line at Keywords
Studios. Their skills and experience will enhance our ability to
provide a broader range of services to our clients. Likewise, we
look forward to meeting with Spov clients to share with them the
full spectrum of capabilities that Keywords Studios has to offer.
This acquisition will strengthen our market position as a leading
provider of digital art services and will contribute to our
continuing growth in this area."
For further information, please contact:
Keywords Studios (www.keywordsstudios.com)
Giacomo Duranti, Chief Operating
Officer
Fulvio Sioli, Regional Managing
Director, Europe
David Broderick, Chief Financial
Officer +353 190 22 730
Numis (Financial Adviser)
Stuart Skinner / Kevin Cruickshank
(Nominated Adviser)
James Black / Tom Ballard
(Corporate Broker) 020 7260 1000
MHP Communications (Financial 020 3128 8794
PR) keywords@mhpc.com
Katie Hunt / Ollie Hoare
Certain information contained in this announcement would have
constituted inside information (as defined by Article 7 of
Regulation (EU) No 596/2014) prior to its release as part of this
announcement.
About Keywords Studios (www.keywordsstudios.com)
Keywords Studios is an international technical services provider
to the global video games industry. Established in 1998, and now
with facilities in Dublin, Rio de Janeiro, Montreal, Quebec City,
Portland, Mexico City, Los Angeles, Seattle, Tokyo, Singapore, New
Delhi, Pune, Rome, Milan, Barcelona, Madrid, Taipei, Shanghai,
Beijing, Manila, Hamburg, Paris and London, it provides integrated
art creation, localisation, testing, audio and customer care
services across 50 languages and 14 games platforms to a blue chip
client base in more than 15 countries. It has a strong market
position, providing services to 21 of the top 25 most prominent
games companies, including Activision Blizzard, Bandai Namco,
Bethesda, Electronic Arts, Konami, Riot Games, Sony, Square Enix,
Supercell, TakeTwo, and Ubisoft. Recent titles worked on include
Uncharted 4: A Thief's End, Call of Duty: Infinite Warfare, Mortal
Combat X, Assassin's Creed Syndicate, Battlefield 1, World of
Warcraft: Legion, Hearthstone, Clash Royale, and Mobile Strike.
Keywords is listed on AIM, the London Stock Exchange regulated
market (KWS.L).
About Spov (www.spov.tv)
Spov work at all stages of the production process, from the
inception of creative concepts to research, scripting,
storyboarding and into full production.
Founded in 2007 by designer and animator Allen Leitch, Spov's
team bring a wealth of creative experience and enthusiasm. Above
all, they approach their work with passion, commitment and a
dedication to create compelling work that is original in concept
and execution. Their professional approach and organisation allows
them to deliver work which is both commercially and creatively
outstanding.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQUNSARBKAUAUR
(END) Dow Jones Newswires
February 17, 2017 02:00 ET (07:00 GMT)
Keywords Studios (LSE:KWS)
Historical Stock Chart
From Apr 2024 to May 2024
Keywords Studios (LSE:KWS)
Historical Stock Chart
From May 2023 to May 2024