Prime Nordic has invested in Remedy Entertainment Plc a globally successful gaming company founded in 1995 and based outside Helsinki, Finland. The Company creates story-driven console and computer games with renowned partners such as 505 Games, Microsoft, Rockstar Games and Smilegate. Remedy’s games are built using their proprietary Northlight game engine and tools.
Their past games include Death Rally, Max Payne, Max Payne 2: The Fall of Max Payne, Alan Wake, Alan Wake’s American Nightmare and Quantum Break.
Prime Nordic believes there will continue to be a strong demand for the above type of gaming platforms such as Xbox, Playstation and PC. With an exciting launch of Control on the 27th August 2019 we believe that Remedy will have a significant growth the next coming years. Control is a game brand created and owned by Remedy and published by 505 Games, a subsidiary of the Italian entertainment company Digital Bros. Revenues from Control are based on development payments from the publisher and share of game sales revenue.
Remedy Entertainment Plc is listed on Nasdaq First North under the ticker REMEDY.