Sumo - video game developer looks in even better shape (Updated)
Sumo Group has reported excellent full year results suggesting plenty of promise and visibility. While it hasn't been quite as acquisitive as AIM peer Keyword Studios, the acquisitions have started to accelerate and it offers considerable attractions in a booming video gaming market, as our updated Premium Research here reveals.
With its headquarters in Sheffield, Sumo Group (LON:SUMO) is one of the UK’s largest providers of creative and development services to the video games and entertainment industries. Significant growth over recent months coupled with recent acquisitions mans that Sumo now employs over 1000 people from studios in the UK, India, Canada, the US, and Poland. Background Established in 2003 by Carl Cavers (current CEO), Paul Porter and Darren Mills, Sumo Digital is one of the UK’s largest independent developers of AAA-rated video games, providing both turnkey and co-development solutions to an international blue-chip client base. This includes some of the world’s largest computer games publishers,…