TaleWorlds Entertainment, developer of the Mount & Blade series, has invested in mobile game developer Udo Games. In the shared statement, it was stated that a new brand will be born with the partnership.
Turkey’s largest PC game studio TaleWorlds Entertainment, which brought the Mount & Blade series to our lives, has signed a great partnership today. Founded in 2005, TaleWorlds is a veteran mobile game studio. By investing in Udo Games officially entered the mobile game industry as a publisher.
Udo Games was founded in 2013 and set the goal of establishing a publishing team with the first investment it received in 2021. With the new investment from TaleWorlds, the company focused on hybrid-casual game genre started its publishing business. In addition, the shares of VC companies participating in the investment tour, which is the first investment of TaleWorlds, were also purchased by TaleWorlds.
A joint brand is coming from the two companies!
According to the shared information, another strategic partnership goal will be to step into PC and console game publishing. In partnership with TaleWorlds and Udo Games announcement of a new brand and program to do. All details about the new formation will be announced at a launch event.
Statements from the CEOs about the merger of the two Turkish studios:
Armağan Yavuz, CEO of TaleWorlds:
“The game industry in Turkey is developing rapidly day by day. We aim to bring a user- and developer-friendly publishing model to our country, in accordance with ethical publishing principles, by supporting Udo Games with the experience we have gained around the world. I am confident that we will achieve great things together with UDO Games and other young developers on this path.”
Turker Karahan, CEO of Udo Games:
“It is a great opportunity for us to receive investment from a studio like TaleWorlds, which is one of the cornerstones of the Turkish gaming industry, and also to partner with a publisher. We are very excited to start good partnerships with studios that we believe will have a very important place in the sector, as well as to realize our goals in terms of broadcasting. We will take our years of development experience to a different level at the point of publishing, and we will give all the support we can to the studios with which we will establish publishing partnerships to increase their development capabilities.”