Paradox acquires 33% of Blacklight developer Hardsuit Labs

Paradox acquires 33% of Blacklight developer Hardsuit Labs

Paradox has acquired 33% of Seattle based developer Hardsuit Labs for $2 million with an option to buy more of the company in the future.

Hardsuit is currently working on an announced project which will be eventually be published by Paradox. There’s a lot of talent at Hardsuite with the team having worked on games such as Hat in Time, Trove, Bioshock, and Gears of War 4 to name a few.

“We are continuously looking for partners suited to join our journey onwards. We have much confidence in the team built by Hardsuit Labs and their capacity to create great games,” said Fredrik Wester, CEO of Paradox Interactive. “Since this is a minority acquisition, Paradox will act more like a silent partner and the studio will continue to operate like it has been previously. The reason for this acquisition is to increase our own capacity to manage our portfolio of brands in a strategic way, together with a studio and studio management we believe in.”