[ad_1]
Koch Media is rebranding as Plaion to “higher signify its historical past and the teams it really works with.”
The information comes over 4 years after Koch, which owns Saints Row writer Deep Silver, was acquired by Embracer Group (then THQ Nordic) for round $150 million.
Koch Media co-founder and CEO, Klemens Kundratitz, mentioned the choice to rebrand was made to mirror the “evolving nature” of the enterprise post-acquisition.
“Since becoming a member of the Embracer Group in 2018, development has accelerated and we have now grow to be more and more diversified,” they mentioned. “To mirror the evolving nature of our enterprise in phrases not solely of content material, but additionally of geography, as we proceed our enlargement throughout the globe, we have now chosen our new title to raised painting who we’re and the journey we’re taking.”
Kundratitz steered the Plaion moniker encapsulates the corporate’s newfound standing as each a world writer and developer, and expressed a want to “embrace change.”
Since being acquired by Embracer, Koch expanded with quite a lot of acquisitions together with offers for mechanise specialist Growth Plus Inc, Let’s Sing developer Voxler, Dutch VR studio Vertigo, and extra.
It has additionally opened two new publishing workplaces in Asia to broaden its international footprint, debuted a brand new publishing arm known as Prime Matter, and signed vital publishing offers together with a current settlement to co-publish Payday 3.
[ad_2]