Zordix AB

Romanian developer and its 33 staff to integrate Modus Studios Bucharest

"Mid-sized companies are going to creep up on the big guys because we can take advantage of what's happening"

The investment will go towards future acquisitions and investing in the firm's library of IPs

Purchase of publisher/distributor includes additional earnouts of up to $30m

The Swedish company is to acquire all the shares in the UK publisher and developer to "strengthen its publishing capacity"

Swedish publisher doubles in size with addition of Hungarian mobile developer

Funding will be invested in Dimfrost's expansion and the completion of its new game, Bramble: The Mountain King

Zordix Publishing has signed a deal to release games for Nintendo Switch