Winking Studios, an Outsourcing Firm, Set to Acquire Mineloader in China

Winking Studios, a prominent Asian provider of triple-A game development outsourcing, has recently acquired China’s Mineloader. The acquisition comes with a price tag of £16.3 million, which translates to $19.87 million. The payment structure includes an immediate payment of $14.7 million, with the remainder slated to be paid over the next five years, contingent on Mineloader meeting specific performance targets.

Mineloader brings impressive credentials to the table as an art outsourcing developer. Established in 2003, the company has made its mark in the industry. Winking Studios’ CEO and founder, Johnny Jan, reflected on the acquisition, stating, “This is our most significant acquisition thus far and represents a major strategic move, cementing our standing in the global video games industry. It opens up exciting avenues for growth and innovation.”

He further emphasized, “Game art is crucial to game development. It lays the visual groundwork and sparks the creativity necessary to captivate players, defining their gaming experience. With Mineloader’s strong reputation and focus on game art production, their team of over 460 skilled professionals enhances our existing workforce of more than 800. This expansion will enrich our service capabilities in this domain and attract new clients. Moreover, Mineloader’s solid experience in the Japanese market significantly boosts our business connections in the region.”

Through this acquisition, Winking Studios is poised to strengthen its foothold in the global market, leveraging Mineloader’s prowess and reputation to enhance its service offerings and connect with a broader clientele.