Keywords Studios makes strong start to 2022, announces new acquisition

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Company will pay up to €6.8m for Melbourne-based Mighty Games

Dublin-founded video games services provider Keywords Studios said it got off to a strong start in 2022, with revenues expected to be more than a third higher.In a trading update for the six months ended June 30th, the group said it expects revenues to reach €320 million for the period, up form €238.7 million. Some of that growth is down to the acquisitions made by the company, with organic revenues expected to see a 22 per cent increase as demand for its services increases.

“We set out, in our Capital Markets Day in June, how we intend to build on the Group’s strong platform by developing strategic customer partnerships, introducing new technologies, galvanising the Group’s culture of entrepreneurialism and collaboration, establishing Keywords as the destination for talent and leveraging the Group’s capabilities into adjacent markets, all complemented by our M&A strategy.

It currently employs 21 people providing games testing solutions and game development services for clients including global mobile game developers as well as Australian developers and publishers.

 

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