Nitro Games signs Mobile game production deal with Wargaming
Nitro Games and Wargaming to collaborate on a Free-To-Play Game for Tablets and Smartphones
On this date, Nitro Games has signed a new deal with industry leading free-to-play game company Wargaming. With this agreement Nitro Games and Wargaming are collaborating to co-develop a free-to-play mobile game that will be published by Wargaming. The project starts immediately, is expected to last roughly one year and has an approximate value of 1.1 million euros. Even though Nitro Games is moving towards a self-publishing model, undertaking high status, commercially viable game development projects such as this works as a great tool to mitigate the inherent risk in self-publishing.
“We’re always open to collaborative efforts with other studios as a way of expanding our product line-up quickly and cost-effectively, and Nitro’s track record, mobile expertise and passion make them a great partner,” said Keith Kawahata, Head of Mobile Games at Wargaming. “We look forward to working closely together to make a world-class mobile game with global appeal.”
“We’re excited about this project with Wargaming, one of the pioneers and leaders in free-to-play gaming. This project has strong synergies with our own product strategy. We also feel we’re able to utilize our know-how, processes and technology with this project.”, states Jussi Tähtinen, CEO & Co-Founder at Nitro Games.
As disclosed on 10 April, Nitro Games is currently investigating the possibility of listing on Nasdaq First North Stockholm. T he Company is moving towards a self-publishing model, and believes that listing in Stockholm would provide increased attention and brand awareness among customers, the games industry as well as other stakeholders.
Nitro Games in brief:
Nitro Games is a free-to-play mobile game developer and publisher with a decade of experience in developing games for the mid-core user segment, mostly focusing on the genre of strategy games. The Company focuses on producing games with high production value and high revenue potential for smartphones and tablets. With Nitro Games’ powerful NG Platform and NG MVP-process, the Company is able to do market validation with new game prototypes after only a week of development. Historically, Nitro Games has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove and Raids of Glory.
Official website: www.nitrogames.com
Wargaming in brief:
Wargaming is an award-winning online game developer and publisher and one of the leaders in the free-to-play MMO market. Founded as a privately held company in 1998, Wargaming has shipped over 15 titles. Currently, Wargaming is focused on its team-based MMO war series dedicated to the mid-20th century warfare that includes the armored World of Tanks, the flight combat World of Warplanes, and the naval World of Warships. The three intertwined titles form a common gaming universe integrated within the portal www.wargaming.net .
As part of its multiplatform line-up, the company has introduced World of Tanks on Xbox and World of Tanks Blitz on mobile platforms, Windows 10 PCs and Mac OS X. Launched in 2014 and 2015, World of Tanks on Xbox introduced epic tank-on-tank battles to console gamers and offers the first cross-platform gaming experience between Xbox 360 and Xbox One. In 2016, Wargaming released World of Tanks for PlayStation®4, continuing its console campaign.
Official website: www.wargaming.com
For more information:
CEO Jussi Tähtinen
Phone: +358 44 388 1071