Baker McKenzie has advised Amplifier Game Invest on the acquisition of games developer Rare Earth Games and its team. The Freimueller, Obereder, Pilz firm advised Rare Earth Games founders Michael Borras, Peter Ehardt, and Helmut Hutterer.
According to Baker McKenzie, “the purchase price amounts to EUR 300,000, which will, however, rise to up to two million euros, depending on whether agreed sales targets will be reached, which will be paid out in the form of shares.”
Amplifier Game Invest is a member company of the Swedish Embracer group. According to Baker McKenzie, Vienna-based development studio Rare Earth Games will “develop multi-player adventure games for PCs, consoles, and cloud services."
Baker McKenzie’s team was led by Partner Eva-Maria Segur-Cabanac and included Partner Lukas Feiler, Counsel Robert Wippel, Associates Armin Assadi and Andrea Polzer, and Junior Associates Teresa Stuettler and Silvia Grohmann.
The team from Freimueller, Obereder, Pilz included Senior Partner Michael Pilz and Associate Hannah Kercz.