Secret World developer Funcom is up for sale | PCGamesN

Secret World developer Funcom is up for sale

Secret World Funcom

Funcom, the Norwegian developer behind The Secret World and Age of Conan, is now open to acquisition. The company is looking to sell, and the action comes just weeks after reporting poor sales of their latest game: Lego Minifigures Online. 

The company is working with an investment bank to investigate their options, which could be finding “interested parties for discussions surrounding a possible investment, acquisition, merger, or any other available options.”

If a buyout is impossible, other options Funcom could potentially investigate is the sale of assets such as IPs and code, or filing for bankruptcy. 

Funcom previously had to borrow $1.6million to finish work on Lego Minifigures Online, demonstrating the unfortunate position of the business. The Beijing and Montreal offices have also been closed in recent years. 

Thanks, VG247.

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The Great Gratzby avatarAever avatarneo606 avatarMrAptronym avatar
The Great Gratzby Avatar
The Great Gratzby(3 days 5 hours played)
2 Years ago

I'm sorry to hear that. Funcom crucially botched just about everything they ever had a hand in, but they were creative in ways that other devs couldn't and wouldn't think to be.

Aever Avatar
2 Years ago

Indeed. AoC and TSW are both flawed but surprisingly intriguing games full of creative ideas. Too bad they never had the time or resources to polish their games and avoid becoming notorious for releasing broken games.

MrAptronym Avatar
2 Years ago

Anarchy Online had a cool setting and some innovative ideas of its own, but was plagued with bugs for years that makes those games look like AAA productions. It was one of the first MMOs I ever played, and while I enjoyed it, it was a buggy, broken and imbalanced mess. A bug that could leave you walking into an invisible wall for up to a minute before a zone transition kicked in lasted for literally years in the game. Skills that did nothing sat there, able to be invested in, and some skills that did work were utterly useless ('Swim' and 'Vehicle: Water' were infamous jokes in the community)

Despite all their games being buggy and unpolished, I feel some degree of affection for Funcom, this news saddens me more than I would feel about most MMO makers going under. I also really respect that they have kept their servers up unlike some companies that pull the plug on projects as soon as they can.

neo606 Avatar
neo606(16 hours played)
2 Years ago

I wonder why...