Finnish, Swedish Games Heavily Favored At International Mobile Gaming Awards
This year Barcelona is playing host to the eighth International Mobile Gaming Awards as part of the Mobile World Congress. Almost 500 games in total were submitted for review, and the list has been whittled down to 30 games in 6 categories. We noticed the Nordics and Baltics were heavily favored on the list, and includes 5 games from Finland, 3 from Sweden, and one game from Lithuania.
RedLynx Acquired By Ubisoft
Here's another nice acquisition of a Finnish game company. Yesterday Ubisoft anounced it had acquired RedLynx Games, creator of the the popular "Trials" game that blew up on Xbox Live. The game has now become one of the best-selling games ever on Xbox LIVE Arcade, with over two million paid downloads for the main game and its downloadable content.
Trials HD By RedLynx Reaches 500 000 Unit Sales Mark
The Finnish multi platform game developer RedLynx has announced that it has sold over half a million copies of its popular Trials HD game on the XBOX360 (via Kauppalehti). The game is worth about 1200 Microsoft points which accounts to about 15 USD totalling in 7,5 million USD in sales.
The company itself is also in very good shape financially. RedLynx is already showing some of the success in its finances as 2009 revenues are in the range of three million with a million in profit. Last time RedLynx was profitable was in 2004 with a 356 thousand euro profit. High fluctuations are natural in the gaming business as it takes a long time to build a game and very few are capable of pumping out new games on continuous basis to keep the company constantly profitable.
