IMG_0852.JPG

Starbreeze acquires French virtual reality, augmented reality & toys-to-life technology company ePawn for 4 MEUR in Starbreeze shares and 1.5 MEUR in cash

By | Announcements, Corporate News, Regulatory Releases, StarVR | No Comments

STOCKHOLM, SWEDEN (June 30, 2016) Starbreeze AB, an independent creator publisher and distributor of high quality entertainment products, today announced its acquisition of the French toys to life, VR and augmented reality tech company ePawn for a total consideration of 4 MEUR (approximately 37.8 MSEK) in Starbreeze B-shares and 1.5 MEUR (approximately 14.2 MSEK) in cash.

To complete the deal, the Board resolved to issue 1 901 656 B-shares under its mandate from the AGM, based on a market share price determined at SEK 19.90 and an exchange rate of 9.461. The issue represents 0.7% of the capital and 0.2% of the votes on a fully diluted basis.

“With ePawn, we will significantly diversify our virtual reality and toys-to-life offerings, as well as speed up the development of existing internal projects already in the works,” said Bo Andersson Klint, Starbreeze CEO. “The ePawn team has already innovated and productified their technologies and we acquire not only many good ways of applying them, but also a solid portfolio of patents that will benefit Starbreeze for many years to come.”

ePawn is a next generation VR and toys-to-life company merging real life gaming experiences with their digital counter part through its gaming boards and mats in table and room scale sizes. ePawn’s patented technology captures everything that happens on the game board and feeds digital applications with information. Up to 40 objects equipped with off-the-shelf NFC (Near Field Communication) tags can simultaneously be put into play on a game board and ePawn’s technology will calculate their position, orientation and altitude in real-time and at the millimeter level. ePawn has developed several versions of its technology to fit many gaming-related markets, such as video games, toys, board games and greatly enchanted augmented reality support between for example a toy and a mobile device.

Virtual reality applications include large and flexible flooring tiles that can be assembled to equip spaces with a solution for affordable positioning system capable of tracking several people in a room.

Read More

1032-4B9A0372

Acer to invest 9 MUSD in Starbreeze through 2-year Convertible Bond

By | Announcements, Corporate News, Regulatory Releases | No Comments

STOCKHOLM, SWEDEN (June 25, 2016) Acer Inc. (TWSE: 2353, LSE: ACID) and Starbreeze AB (First North: STAR) announced today that in relation to the setup of a joint venture for the manufacturing and commercialization of the StarVR Virtual Reality (VR) Head Mounted Display (HMD), the companies additionally reached a term sheet that Acer Inc. will contribute financing to Starbreeze through a two-year bond convertible into B-shares, corresponding to 9 MUSD. The bond will be issued under the Board’s authorization from the AGM as soon as finalized terms are agreed upon.

The bond will have a coupon not exceeding an interest cost of 2% per year. Acer may convert the bond into B-shares at a conversion price at 60-day average share price, prior to June 24. Based on the number of outstanding shares today the bond would, upon conversion, approximately correspond to 1,6% of the share capital, and 0,5 % of the votes based on recent SEK to USD and stock price quotations.

Read More

1032-4B9A0372

Acer and Starbreeze Boards Approve Definitive Agreement to form Joint Venture for StarVR

By | Announcements, Corporate News, Regulatory Releases | No Comments

TAIPEI, TAIWAN and STOCKHOLM, SWEDEN (June 25, 2016) Acer Inc. (TWSE: 2353, LSE: ACID) and Starbreeze AB (First North: STAR) announced today that their respective Board of Directors have approved the establishment of a joint venture for design, manufacturing, promotion, marketing and sales of the StarVR Virtual Reality (VR) Head-Mounted Display (HMD) as previously announced May 15th, 2016 upon signing the letter of intent.

The new company is provisionally named Acer Starbreeze Corporation, with an authorized capital of up to NT$800 million (US$25 million) shared equally between the companies, and is expected to be incorporated in Taiwan in the third quarter of this year subject to necessary approvals from regulators. Acer and Starbreeze will each be holding 50-percent of the total shares and incrementally inject capital to the joint venture based on capital needs and planned schedule.

Read More

DBD_Standard_Edition

Asymmetrical horror game Dead by Daylight surpasses 270.000 units sold in its first week in the no.1 position on Steam

By | Announcements, Corporate News, Products, Publishing, Regulatory Releases | No Comments

Starbreeze recoups its development costs and validates its business model

PRESS RELEASE, STOCKHOLM (June 21, 2016) – Starbreeze AB together with Canadian studio Behaviour Digital Inc. announced today that the highly anticipated asymmetrical horror game Dead by Daylight has sold more than 270.000 units during its first week since release, subsequently recouping Starbreeze development cost and beyond. Released on June 14, 2016, the game has since then kept its no.1 position on Steams sales charts.

“We couldn’t be happier to release Dead by Daylight as our first publishing partnership together with Behaviour” said Bo Andersson Klint, Starbreeze Studios CEO. “With this launch, we’ve proven that the concept we’ve developed with our own PAYDAY-franchise, can be replicated and utilized for other games. Taking the game to different events and seeing it on the top 5 most streamed titles on Twitch has been a thrill and a real ticket to the games success as a spectator friendly game. We look forward to seeing the game evolve and thrive in the community.”

Read More

PAYDAY2_Biker_Packs_2

PAYDAY 2 DLC “The Biker Heist” and “Biker Character Pack”, featuring Ron Perlman as the character Rust, now available on Steam

By | Announcements, Corporate News, Regulatory Releases | No Comments

PRESS RELEASE, LOS ANGELES (June 17, 2016) – Starbreeze AB, an independent creator, publisher and distributor of high quality entertainment products, today announced that the 35th and 36th DLC for PAYDAY 2, titled “The Biker Heist” and “Rust Character Pack” respectively, successfully launched on Steam on June 16th. The DLC are available for purchase at $ 6.99 / € 6.99 and $ 4.99 / € 4.99 on PC through Steam and other digital distribution channels.

The Biker Heist DLC includes:

  • A new 2-day heist, including Lion’s Den and Interception
  • 6 new achievements spread across the 2-day heist
  • A new SMG secondary weapon called CR 805B with mods along with two unique weapon modifications
  • A new throwable weapon, the Throwing Axe
  • 2 new songs by Simon Viklund
  • 4 masks, the Flaming Skull, The Classic, Speed Devil and Road Rage
  • 4 patterns and materials, inspired by rubber and gasoline

The Rust Character Pack includes:

  • Rust, a new playable character, portrayed and voiced by actor Ron Perlman
  • Biker, a new perk deck with new abilities
  • A new weapon, the Breaker 12G Shotgun along with four unique weapon modifications
  • A new melee weapon, the Chain Whip
  • Rust’s own mask

Read More

DBD_Standard_Edition

Anticipated Asymmetrical Horror Game Dead by Daylight out now on Steam, get your scare on at the Electronic Entertainment Expo in Los Angeles June 14-16

By | Announcements, Corporate News, Products, Publishing, Regulatory Releases | No Comments

MEDIA BLAST, LOS ANGELES (June 14, 2016) – Starbreeze AB together with Canadian studio Behaviour Digital Inc. announced today that the highly anticipated asymmetrical horror game Dead by Daylight is now available on Steam.

The standard edition of the game is available for purchase at $ 19.99 / € 19.99 while the Deluxe Edition is available at $ 29.99 / € 29.99 on PC through Steam and other digital distribution channels.

Visitors of the Electronic Entertainment Expo in Los Angeles can additionally visit booth #F5C in the West Hall Lobby area to try the game and meet the developers. We also warn visitors of E3 that sightings of the Trapper have been reported in the vicinity of the Convention Center…

Read More

IMG_0852.JPG

Starbreeze goes big for E3 2016 with RAID: World War II, Dead by Daylight, PAYDAY: Crime Wars, PAYDAY 2: Biker Packs & more

By | Announcements, Corporate News, Regulatory Releases | No Comments

­­

MEDIA BLAST, LOS ANGELES (June 13, 2016) – Starbreeze AB will bring its roster of publishing initiatives and PAYDAY 2 to the West Hall Lobby of the Electronic Entertainment Expo between June 14-16 in the Los Angeles Convention Center.

In booth #F5B Croatian developer Lion Game Lion will premiere their first own IP with RAID: World War II. Set in the second World War-era, RAID: World War II is an action-packed four player co-op shooter that lets you play as raiders during the war, doing undercover missions for the allies while stealing Nazi gold. Reveal trailer can be found here: https://youtu.be/qMOk5_tOJTc

Canadian Behaviour Interactive Inc. with their greatly anticipated asymmetrical horror game Dead by Daylight, releasing the game to the public first day of the show June 14, will make you feel the thrill of being hunted (or being the hunter) in booth #F5C. We also warn visitors of E3 that sightings of the Trapper have been reported in the vicinity of the Convention Center… Release trailer for the game can be found here: https://youtu.be/JGhIXLO3ul8

At the PAYDAY 2 booth, #F5A OVERKILL will showcase the latest PAYDAY 2 DLC; The Biker Packs. Introducing an all new heister Rust portrayed by actor Ron Perlman as well as a two-day heist. All the usual bells and whistles like more guns, masks, melee weapons and new features are added as well. Your favorite heisters Dallas (Eric Etebari), Chains (Damion Poitier) and Dragan (Dragomir Mrsic) will make a personal appearance in the booth midday Wednesday June 15th.  The trailer for The Biker Packs can be found here: https://youtu.be/HvJaX70QwzM

Additionally, show visitors can try out a first preview of CMUNE’s PAYDAY: Crime Wars, an all-new mobile heisting experience for iOS and Google Play.

Starbreeze third publishing initiative in collaboration with Lionsgate, takes the visitors into the immersive VR-experience of John Wick: The Impossible Task. Starbreeze showcases the Arcade Edition of the experience by appointment.

Read More

IMG_0852.JPG

Starbreeze completes share issue for the PAYDAY-franchise consolidation

By | Announcements, Corporate News, PAYDAY 2, Regulatory Releases | No Comments

STOCKHOLM (June 7, 2016) – Starbreeze AB, today announced the completed share issue related to the PAYDAY-franchise consolidation and acquisition from 505 Games, earlier announced May 30th, issuing 10 934 211 B-shares in Starbreeze at 22,80 SEK per share. The shares, which represent approximately 4.3% of shares and 1.4% of votes, were issued by board resolution under authority from the AGM. After the issue, the total number of B-shares in Starbreeze is 196 832 410 and the total number of shares in Starbreeze 254 298 338.

The consolidation and acquisition of the full rights to the PAYDAY-franchise was first announced May 30th and the full release is available on the company website: http://www.starbreeze.com/2016/05/starbreeze-acquires-full-rights-payday-franchise-installed-base-14-million-users/

First launched in 2011, PAYDAY is a cooperative first-person shooter computer and video game franchise with more than 14 million players on PC, PlayStation 3, PlayStation 4, Xbox 360, XboxOne and SteamOS platforms.

Read More

IMG_0852.JPG

Starbreeze acquires the rights to Cinemaware’s classic video game catalogue, including “It Came From the Desert”, “Defender of the Crown” & “Wings”

By | Announcements, Corporate News, Regulatory Releases | No Comments

STOCKHOLM (May 31, 2016) – Starbreeze AB, an independent creator, publisher and distributor of high quality entertainment products, today announced its acquisition of the intellectual property (IP) rights to the entire Cinemaware library of titles from CW Entertainment USA LLC D/B/A CINEMAWARE, including titles “Defender of the Crown” and “Wings”, for a total consideration of 525,000 EUR in cash.
“Defender of the Crown is one of the games that made me and many others at Starbreeze go into the gaming industry all those years ago. For many, Cinemaware set the bar for fun and immersive gaming in the ATARI and AMIGA-era. For us, as a developer, it will be a pleasure to re-energize and bring these great brands into the new era of VR and other platforms,” said Bo Andersson Klint, Starbreeze CEO. “The classic Cinemaware games are concepts that still in this day are epic imaginations. We will make them excel in excellent VR-experiences at our location based IMAX centers. “

Starbreeze will thrill your imagination and ask – Who wouldn’t like to save England on horseback, pick up a bow and arrow like Robin Hood, fight epic Samurai battles or pilot a WWI biplane against the Red Baron in our IMAX centers in full StarVR® resolution and fidelity. Starbreeze will bring the Cinemaware legacy forward and into location based entertainment centers and beyond, entertaining gamers for decades like the original creators already have.

Read More

100

Starbreeze acquires the full rights to the PAYDAY-franchise with an installed base of 14 million users

By | Announcements, Corporate News, Regulatory Releases | No Comments

­­STOCKHOLM (May 30, 2016) – Starbreeze AB, an independent creator, publisher and distributor of high quality entertainment products, today announced its agreement with 505 Games to acquire the full rights to the PAYDAY-franchise. The consideration for the acquisition amounts to 10.9 million B-shares in Starbreeze, equivalent to 30 MUSD (approx. 249 MSEK).

After the transaction Starbreeze will own the full rights to the PAYDAY-franchise for any future developments or commercialization, including PAYDAY 2 and PAYDAY for mobile platforms. Starbreeze will retain full net revenue from PAYDAY 2 on the Steam platform starting retroactively from May 1st, 2016. Revenue generated by the console game PAYDAY 2: Crimewave Edition will continue to be split between the companies as before, and 505 Games will continue to publish the title.

Furthermore, 505 Games will retain a 33% revenue share of Starbreeze’s net revenues from future sales of PAYDAY 3 capped at 40 MUSD, and after Starbreeze has fully recouped its development and marketing costs.

It’s Starbreeze assessment that the price of 30 MUSD will be matched by corresponding revenues on the Payday franchise until such time Payday 3 is released in the future. Given the strategic value for Starbreeze to control its hit franchise it is both in the short and long term a sound investment.

“PAYDAY is very close to my heart, and has laid the foundation for Starbreeze success in recent years. We’re very excited to bring our heisters home to the safe house,” said Bo Andersson Klint, Starbreeze CEO. “To start with, we believe in the continued success of PAYDAY 2 and will support it for at least another 18 months continuing expanding the game.”

Read More