JoWooD's financial woes have resulted in the publisher and all of its games being acquired by Austria-based Nordic Games GmbH, which plans to "re-launch" popular franchises like SpellForce, Arcania, and The Guild. I would assume that means that we can expect new titles to these series, rather than just a repackaging/rebundling of earlier games:
Nordic Games Holding AB Group acquires JoWooD & The Adventure CompanyThere's still no word on the status of Arcania: Gothic 4 - Fall of Setarrif, unfortunately, and I'd like to have seen Arx Fatalis included among the series listed for re-launching.
Labels to be re-launched under the Nordic Games GmbH brand
Tuesday August 16th, 2011 Vienna, Austria: Nordic Games GmbH, part of the Nordic Games Holding AB group announces the acquisition of the JoWooD and The Adventure Company brands, products and selected subsidiaries.
JoWooD and The Adventure Company will become publishing labels within Nordic Games GmbH, with the plan to re-launch the huge back catalogue of games and invest in developing the wholly owned IP's and franchises, including SpellForce, Painkiller, ArcaniA, The Guild, Panzer Elite, Legend of Kay, The Nations, Safecracker, and Neighbours From Hell, amongst others.
Nordic Games GmbH has recently opened its new office in Vienna, Austria. The team members have been carefully selected for their enthusiasm and desire to make a successful publishing company, and their care and attention to the former JoWooD Entertainment AG brands and products.
Nordic Games GmbH CEO, Lars Wingefors said: (This new venture will be a fresh start, and we will be introducing new systems, procedures and business ethics to ensure the company goes from strength to strength.)
Wingefors continued: (This is the beginning of a new era and over the coming months product development will start on a variety of well loved and respected brands and products.)
Klemens Kreuzer, General Manager added: (We have a great range of back catalogue that will keep our team busy in these early days.)
Nordic Games GmbH will be at Gamescom, Cologne to meet with partners. Nordic Games GmbH joins the growing roster of video game related companies that are part of the Nordic Games Holding AB Group.
A new corporate website is currently under construction at www.nordicgames.at