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Purveyor of top-notch indie video game experiences, Devolver Digital, made the announcement overnight that the publisher has now become a publicly-traded company, entering the stock exchange at a valuation of USD $950 million (approx AUD $1.3 billion).
The company issued a statement, confirming its employees are still its majority owners and citing that the change will lead to increased future publishing and employment opportunities. You can read it in full here.
Excitingly, Sony Interactive Entertainment has jumped on board and acquired a five-percent stake in Devolver Digital, which it confirmed via the PlayStation official Twitter account:
Shoutout to our friends @DevolverDigital on their public offering today! We’re honored to be an investor. Keep shining a light on those great indie games ? pic.twitter.com/6Fnn7iTT9b
— PlayStation (@PlayStation) November 4, 2021
Devolver Digital’s most recent release, Inscryption, has been a critical success and currently sits at an 84 on Metacritic.
