5 sources
Devolver Digital announces plans to return to private ownership
Indie game publisher Devolver Digital has announced its intention to transition back to private ownership after five years as a publicly-traded company, citing challenges in meeting market growth expectations.
Key points
- Devolver Digital went public on the London Stock Exchange in November 2021.
- The company cited difficulties in delivering growth aligned with market expectations as a key reason for the decision.
- The board of directors announced the plan through an official company statement.
- The transition to private ownership is expected to occur later this year.
5 sources
GamesIndustry.bizDevolver Digital intends to go private
GamesRadar+Devolver Digital decides video games and publicly traded companies don't mix, announces plan to go private once again to save it some money and headache
PC GamerDevolver Digital wants to get off the stock market, because 'the ongoing challenge of delivering growth in line with market expectations' just isn't worth the headaches
EurogamerIndie game publisher Devolver Digital wants to go private
TheSixthAxisDevolver Digital plans to go private once more