StockMarketWire.com - Video game developer Sumo Group said it had acquired The Chinese Room for around £2.2m from its founders Dan Pinchbeck and Jessica Curry.

The net consideration was around £0.6m, as The Chinese Room had been acquired with £1.6m of cash on the balance sheet.

'The acquisition accelerates the group's own-IP pipeline and provides new intellectual property, creative talent and the opportunity to develop a new studio location in the south of England,' Sumo Group said.




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