Koch Media acquires Vertigo Games for €50m

The Dutch VR publisher joins Embracer Group, in a deal that could rise a further €65m over ten years.

Koch Media has acquired the VR publisher Vertigo Games for €50 million in cash and stock.

Vertigo Games, which is based in Rotterdam, will receive €40 million in cash and a further €10 million in newly issued B shares.

The deal also includes targets around earnings and product releases over the next ten years. If fulfilled, the total value of the deal could rise by a further €65 million — €25 million in cash, and €40 million in B shares.

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