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JoWooD buys Fishtank

Ravensburger gets out of videogames business

Austrian publisher JoWooD today announced a surprise deal to snap up Fishtank Interactive from owners Ravensburger. The take-over brings nine new games to JoWooD, including promising titles such as first person role-playing game Arx Fatalis and Lovecraftian horror title Call Of Cthulhu. The deal also sees Ravensburger Interactive chairman Thomas Kirchenkamp joining JoWooD as Chief Technology Officer, while former CTO Johann Schilcher goes back to managing the company's Ebensee development studio. "This agreement is another important milestone in our successful corporate strategy", beamed JoWooD CEO Andreas Tobler as the news broke. "Ravensburger Interactive has an excellent brand name and a very promising product portfolio with potential for topping the charts. We are strengthening our position as the biggest German speaking publisher and at the same time are becoming a key European player." Related Feature - JoWooD doubles sales

Source - press release

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