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Four years and a half after it filed for reconstruction, Starbreeze finally announced to be debt-free following the latest share issue.

Here are the highlights from the recent industry hires and moves, as published in MCV/DEVELOP’s June 2023 issue - MCV/DEVELOP

TechX: The National Tech Summit Decoding Future of IT & Innovation at St Joseph’s University, Bluru Bengaluru: The National Tech Summit, TECHx:

Like many a Payday 2 player, Starbreeze Studios has made an impressive escape -- not from virtual law enforcement as part of a video game heist, but from one of the lowest financial positions a business can be in without collapsing completely. Following the poor performance of Overkills The Walking Dead, a title the Swedish developer had invested heavily in, the company found itself facing insolvency by the end of 2018. Starbreeze was granted a period of reconstruction -- a measure in Sweden t...

Investors should note that India’s online gaming industry, already growing at a rapid pace, witnessed a jump in its user base since last year's lockdowns.

PAYDAY 3 is still in development, Starbreeze has announced, but the game is yet to find a willing publisher.