Paradox Interactive to Acquire Harebrained Schemes

Paradox Interactive have announced that they have entered into an agreement to buy Harebrained Schemes.

Harebrained Schemes, well known for bringing us an updated version of the Shadow Run series and other games via Kickstarter, will become a new internal studio, working on their own games, complete with its own management and creative teams. Paradox are also giving everyone who backed Battletech through Kickstarter, a copy of Stellaris.

"Harebrained Schemes have proven themselves as a world-class studio with a very talented team within a genre where Paradox wants to be present," said Fredrik Wester, CEO of Paradox Interactive. "In addition, we really like the studio, the people who run it, and their games; these are all absolute hard criteria for us in any acquisition. Our recent successful launch of BATTLETECH, our first project together, has been a fantastic collaboration, but the possibilities of what we can do together in the long term now that we've joined forces -- that's what has us truly excited."

"Mitch and I started Harebrained to create the kind of story-rich tactical games we loved," said Jordan Weisman, CEO of Harebrained Schemes, "and for the last seven years, our studio has been fueled by our team's passion and by the generous support of our fans. As the scale of our games has grown and the marketplace has gotten extremely noisy we felt that HBS needed to team up with a company that could provide us the financial stability and marketing expertise that would allow us focus on what we love doing - making great games and stories."