Skip to main content

PRESS RELEASE: NACON ANNOUNCES THE ACQUISITION OF MIDGAR STUDIO, DEVELOPER OF EDGE OF ETERNITY

NACON ANNOUNCES THE ACQUISITION OF MIDGAR STUDIO,

DEVELOPER OF EDGE OF ETERNITY

Lesquin, 7 February 2022 – NACON is pleased to announce the acquisition of 100% of the capital of Midgar Studio. By integrating this studio with its talented team of JRPG specialists, NACON continues its development strategy and adds new expertise to its portfolio.

Based in the south of France and founded by passionate creators, Midgar Studio has gained recognition for creating games that leverage high-quality technology and graphics to offer players immersive experiences. As enthusiasts of Japanese culture, especially JRPGs, the team are behind the game Edge of Eternity, which takes inspiration from the genre’s biggest franchises. Released in June 2021, the open-world game takes place in a fantasy world and offers a unique experience. Winning universal acclaim from critics and gamers, it has been nicknamed the “French Final Fantasy”.

“Being creative and technically excellent at the same time is a challenge that is characteristic of Midgar Studio and our trademark. We are very happy to be joining NACON, who listen and understand what we are trying to achieve. With their support, we have the chance to fulfil our ambitions while retaining a lot of freedom, said Jeremy Zeler-Maury.

“It’s always exciting for NACON to welcome a new team to our family, and to do it without restricting the creativity and work practices that are behind their success. Midgar Studio makes high-quality games in a segment that we have not yet specialised in. By combining the studio’s expertise with our own on the publishing side, we will soon be able to offer our players new, high-quality, French-made gaming experiences,” said Alain Falc, President and CEO of NACON.

The Video Games division of NACON now includes 15 development locations (10 in France, 1 in Belgium, 1 in Italy, 2 in Canada and 1 in Australia), comprising nearly 600 developers, supported by a Publishing team of 70 people.

* * *

About NACON
NACON is a company of the BIGBEN Group founded in 2019 to optimize its know-how through strong synergies in the video game market. By bringing together its 15 development studios, the publishing of AA video games, the design and distribution of premium gaming devices, NACON focuses 20 years of expertise at the service of players. This new unified business unit strengthens NACON’s position in the market and enables it to innovate by creating new unique competitive advantages. https://corporate.nacongaming.com/

About Midgar Studio

Midgar Studio is a video game development company founded in 2008 by Jérémy Zeler-Maury. Initially set up as a specialist outsourcing partner, the studio gradually evolved into an independent creative business in its own right. After collaborating on the adventure game Hover in 2018, the JRPG Edge of Eternity entered early access the same year. Officially released in June 2021, the open-world game is the result of seven years of development by a dozen passionate artists and developers.

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.