Koch Media Acquires Fishlabs

German mobile development studio Fishlabs has been acquired by Koch Media, According to a report in PocketGamer – citing reports from German news outlets Gamesmarket and Newsslash – the company was purchased by an unnamed buyer. Later Koch managing director Dr. Klemens Kundratitz confirmed the purchase in a statement sent to Polygon. The studio behind space sim series Galaxy on Fire, filed for bankruptcy protection in October.

"The mobile gaming market is strategically important to Koch Media," Kundratitz said in the statement. "These days, games are played anytime and anywhere — both at home and on the go. The know-how and brands which Fishlabs brings along give us the expertise required in order to establish ourselves in this exciting field for the long term."

The statement also confirmed all 52 remaining Fishlabs employees and the studio's Hamburg site will be retained. Co-founder Michael Schade told PocketGamer that the sale was an "asset deal," and that "all employees will be transferred to the buyer automatically." PocketGamer also reports Schade and fellow co-founder Christian Lohr will leave the company.

Fishlabs most recent game, massively multiplayer online mobile game Galaxy on Fire: Alliances, launched on the iTunes App Store last week.

Source: Polygon

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