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Author Topic: Secret World developer Funcom is up for sale  (Read 2623 times)

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Offline Majorkillz

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Secret World developer Funcom is up for sale
« on: August 13, 2015, 06:35:50 AM »


Funcom, the Norwegian developer behind The Secret World and Age of Conan, is now open to acquisition. The company is looking to sell, and the action comes just weeks after reporting poor sales of their latest game: Lego Minifigures Online.

The company is working with an investment bank to investigate their options, which could be finding “interested parties for discussions surrounding a possible investment, acquisition, merger, or any other available options.”

If a buyout is impossible, other options Funcom could potentially investigate is the sale of assets such as IPs and code, or filing for bankruptcy.

Funcom previously had to borrow $1.6million to finish work on Lego Minifigures Online, demonstrating the unfortunate position of the business. The Beijing and Montreal offices have also been closed in recent years.

http://www.pcgamesn.com/the-secret-world/secret-world-developer-funcom-is-up-for-sale

Offline souldeep

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Re: Secret World developer Funcom is up for sale
« Reply #1 on: August 14, 2015, 08:45:21 AM »
Thats sad news but it has honestly been one failure after another.. I'll never understand why they never made AO 2, unless it simply didn't have the numbers 2006+ mmo's had

Offline Babysoul

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Re: Secret World developer Funcom is up for sale
« Reply #2 on: August 14, 2015, 11:38:52 AM »
Who knows if anyone will purchase it that cares or if new owners will make changes that should/could have been made long ago
Or this could just be the beginning of closing the door for good
We will see


Edited due to massive typos while trying to use my darn iPad  ;)
« Last Edit: August 15, 2015, 04:05:20 AM by Babysoul »
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Offline Novaghost

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Re: Secret World developer Funcom is up for sale
« Reply #3 on: October 18, 2015, 11:49:50 AM »
Was waiting for the day I'd see that the only reputation that's any good that FC has is with AO they should of just stuck with it and kept improving/updating not turning it into a cash cow that costed them more that they were able to put fourth towards or/cared to put towards it. Michizure made the new engine possible in 3 monthes and even said on twitter that the other game leads/developers never even started it after each had promised to do such for 8 years or so? False hope is worse to sell, to your game's community then ridiculously priced subscriptions and social/buff stuff. xD
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Offline Ilikethongs

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Re: Secret World developer Funcom is up for sale
« Reply #4 on: October 23, 2015, 02:23:04 AM »
I hope there will still be an AO for me to come back to :(
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Offline Syrock

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Re: Secret World developer Funcom is up for sale
« Reply #5 on: October 23, 2015, 03:47:20 AM »
Doubt it's going anywhere soon. AO is releasing on Steam soon, and new content just hit the test servers.
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