April 5, 2023
Game news
In the media

Acquisition of Malaysian-based Game Development Studio ‘Common Extract’

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We’re ecstatic to announce our 100% shares acquisition of ‘Common Extract‘, a versatile, experienced, and profitable company that operates in a similar vein to us (Roblox, Game Development, etc.).

With 15 years of experience, a team of 20 Full-Stack experts and wildly passionate Game Makers – it really was a no-brainer.

Why Is It Significant?

This broadens our reach immensely within the worldwide market and allows us the opportunity to work ‘around the clock’, opening up a new Timezone (MYT / UTC +8) and part of the global market.

But beyond the benefits of this particular acquisition, our team has just grown by 20 all at once – which, naturally, increases our output as a company.

And this is only the beginning.

What Now?

We plan to continue acquiring businesses and/or opening offices in other, strategically-significant corners of the world.

We’ve especially been looking at, among others, North America – as the greater part of our client base resides there.

The crux of it is, we need to grow faster to account for demand:

“…now we need to run faster and make acquisitions to enter more platforms…

We have a lot of requests from clients and we don’t really have time for all of them. We need to expand to more time zones,”

CEO, Marcus Holmström

We’re still yet to see in which form these plans will come into fruition, but keep an eye on our blog and LinkedIn for The Gang’s future developments.