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TheStreet Open House

Wargaming Acquires Gas Powered Games













EMERYVILLE, Calif., Feb. 14, 2013 /PRNewswire/ -- Wargaming, the leading free-to-play MMO developer and publisher, today announced its agreement to acquire Seattle-based developer Gas Powered Games©, the maker of memorable and critically acclaimed franchises such as Dungeon Siege, Supreme Commander and Demigod.

Wargaming will take full ownership of Gas Powered Games, bringing into its fold a contingent of veteran developers, including CEO and company founder Chris Taylor. The acquisition will further bolster Wargaming's push into multiplatform expansion, complementing additional recent Wargaming acquisitions of Chicago-based Day 1 Studios and MMO middleware provider Big World Pty Ltd.

"Gas Powered Games' heritage and development pedigree shows us just how valuable an addition Chris and his company will make to the Wargaming family," said Victor Kislyi, CEO of Wargaming. "Gas Powered Games has a long track record of providing incredibly engaging AAA gaming experiences and we can't wait to start working with them."

"Wargaming growth in recent years has been tremendous, and we're looking forward to joining one of the fastest growing gaming companies in the world," added Chris Taylor, CEO of Gas Powered Games. "I'm sure our experience and expertise will help us contribute even more to Wargaming's global success."

About Gas Powered GamesGas Powered Games was founded in May 1998 by acclaimed game designer and industry visionary, Chris Taylor. The founding principle for GPG was to create immersive AAA games that push the boundaries of interactive entertainment.

The company's first project, Dungeon Siege, was released in April 2002, and its sequel, Dungeon Siege II was released in August 2005. Both games were critical and commercial successes, selling in excess of 1.7 million copies. Other games in the Dungeon Siege franchise include Dungeon Siege: Throne of Agony for the PSP (developed cooperatively with SuperVillain Studios) and Dungeon Siege II: Deluxe Edition.

GPG followed the success of Dungeon Siege with Supreme Commander, a revolutionary RTS game that has been hailed by critics for its innovative gameplay, Strategic Zoom and streamlined Command & Control system. Supreme Commander received numerous Editors' Choice awards and went on to critical and commercial success.

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