Nacon acquires Daedalic Entertainment for approximately $60 million

Nacon will integrate Daedalic’s extensive catalog once this deal is completed, which includes the upcoming game Lord of the Rings: Gollum.

Another major acquisition has taken place in the gaming industry. While not quite on the same level as Take-Two acquiring Zynga or Microsoft acquiring Activision Blizzard, Daedalic Entertainment has still made a terrific name for itself by as a provider of well-designed narrative games. Now that pedigree will go into the hands of Nacon, which has announced that it will acquire Daedalic and all of its intellectual property in a deal totaling €53 million, or approximately US$60.2 million.

Nacon announced its imminent acquisition of Daedalic Entertainment in a Press release on its corporate website on February 16, 2022. According to the release, the deal totaling up to €53 million will be done through two methods. 32 million euros (about 36.4 million US dollars) will be paid in cash as part of the agreement. The remaining 21 million (23.9 million USD) will be paid based on Daedalic’s performance until 2026. The agreement to acquire Daedalic by Nacon is expected to close this year.

Nexon will take Daedalic Entertainment under its wing as it continues to work on The Lord of the Rings: Gollum, which is slated for release in 2022.
Nexon will take Daedalic Entertainment under its wing as it continues to work on The Lord of the Rings: Gollum, which is slated for release in 2022.

Daedalic Entertainment has long been a major force in narrative gaming, keeping point-and-click adventures and other story-driven genres firmly alive in its catalog. He has worked on a wide variety of games in this area, including the Deponia series, as well as the Edna & Harvey series. He’s also stretched his legs as a publisher to go beyond his pedigree with titles like Unrailed! and Glitchpunk. Daedalic’s current major project is The Lord of the Rings: Gollum, which will offer us a unique narrative dive into the fallen hobbit and holder of the One Ring.

As a major player in the gaming world, it looks like Nacon is using its power to make big strides alongside many other gaming giants this year. As we await further details on the Daedalic deal closing, stay tuned here at Shacknews for updates.

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TJ Denzer is a gamer and writer with a lifelong passion for games. He found his way to Shacknews’ roster in late 2019 and has been working his way to senior news editor ever since. In between news coverage, he also helps out with livestreaming projects like Indie-licious focused on indie gaming, Shacknews Stimulus Games and Shacknews Dump. You can reach him at [email protected] and also find him on Twitter @JohnnyChugs.