High Voltage Software acquired for $50 million
HOFFMAN ESTATES -- High Voltage Software, whose video game credits include Fortnite, Saints Row and Mortal Kombat X, has been purchased for $50 million by Keyword Studios.
High Voltage Software has offices in Hoffman Estates and New Orleans. Keyword Studios is based in Dublin.
"We are tremendously excited Keyword Studios share our vision for augmenting our development capabilities, and they will provide us the ability to embark upon a growth trajectory for our business, creating the next generation of AAA games," said High Voltage founder Kerry Ganofsky. "Furthermore, Keywords Studios' investment in our studio is an outstanding sign for the continued expansion of game development in Illinois and Louisiana."
Founded in 1993 by Ganofsky, High Voltage is credited on 100 game titles, including Fortnite, the most-played game in the world. It has worked with more than 25 major brands, including Star Wars, Toy Story, Batman, SpongeBob SquarePants and Lego.