Focus Entertainment has acquired Dovetail Games parent company Railsimulator.com for an undisclosed sum, the company announced.
Here’s the full earnings note from Focus Entertainment’s latest financial results:
Focus Entertainment today announced the acquisition of 100 percent of Railsimulator.com, the parent company of the Dovetail Games (DTG) group, a best-in-class game company in the simulation genre, along with senior management. Over the years, the studio based in the United Kingdom has adopted a strong business model based on synergies between full game releases and a strong live content strategy. service that provides recurring income.
The merger of this award-winning developer and publisher (£15 million in revenues expected for the fiscal year ending March 31, 2023) is a step forward in Focus Entertainment’s strategy and it is expected to be quite accretive in terms of percentage margin stand.