High Voltage provides game development services to the video games industry. The acquisition will further Keywords strategy to become the “go to” technical and creative services platform for the global video games industry, according to a statement from the group. High Voltage is expected to generate earnings of circa $9m (€7.4m) next year. Under the terms of the acquisition, Keywords will pay a maximum amount of $50m for the business. This is comprised of initial consideration of $23.75m in cash and the equivalent of $9.75m in new ordinary shares. There is also a deferred consideration of up to $16.5m, in a mix of cash and new ordinary shares, based on performance targets and other conditions being met on or prior to 31 December 2021.