Starbreeze acquires Indian art production company Dhruva Interactive for 8.5 MUSD
STOCKHOLM, SWEDEN (December 16, 2016) Starbreeze AB, an independent creator, publisher and distributor of high quality entertainment products, has agreed to acquire 90.5% of the shares in the Indian art production company Dhruva Interactive, for a total consideration of 8.5 MUSD whereof 7.0 MUSD (approximately 68.5 MSEK) in cash and 1.5 MUSD in newly issued Starbreeze B-shares. Dhruva Interactive is a highly reputed and best-of-breed art production house, with whom Starbreeze has a long-standing relationship. Founded in 1997, Dhruva is India's leading game developer with over 320