Thunderful group announced they’ve acquired Studio Fizbin via their subsidiary Headup Games.

Studio Fizbin kicked off back in 2011 by founder and CEO Alexander Pieper and now has two studios in both Ludwigsburg and Berlin, Germany. They’ve released titles like The Inner World series, Say No More!, and Minute of Islands. 

Their latest project is the codenamed Project Kokidon, a new roguelike action game. Studio Fizbin will keep working on this new game while keeping their creative freedom, and will retain ownership of their IPs.

Here’s comments from all involved companies:

Agostino Simonetta, Thunderful Chief Games Officer

“Studio Fizbin represents the first studio where we have moved from a publishing relationship to acquisition, thanks to our strong partnership with them. Adding to Thunderful’s roster of studios with acquisitions is an important part of our business strategy when it comes to our IP-building pillar. With Studio Fizbin joining the likes of Coatsink, JUMPSHIP, Early Morning Studio and our talent behind the SteamWorld series, we now have eleven studios that we are supporting to unleash their creative vision and build strong IP.”

Alexander Pieper, Co-Founder and CEO of Studio Fizbin

“We are incredibly hyped to be joining Thunderful and elevating our long-standing relationship to the next level. Becoming part of a bigger organisation like this is a real benefit to our studio in terms of the support and infrastructure Thunderful offers. We have their full backing to follow our creative vision and this allows us to focus on making Project Kokidon and our future games the best we’ve ever shipped”.

Dieter Schoeller, CEO at Headup Games

“The partnership between Studio Fizbin and Headup goes back to the very early starting days of the studio, thus making the acquisition the logical step in the successful history of Studio Fizbin. They’ve already produced a number of beautiful, funny, smart and moving games and with two office locations in Germany, one of them right in the centre of Germany’s capital, Berlin, the team of 20 will further increase Thunderful’s potential and opportunities in one of the most thriving and active markets and development scenes on the continent.”