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Games industry pioneer Ian Hetherington dies

Former Psygnosis founder and UK industry veteran dies after short illness

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Investegate |Sumo Group PLC Announcements | Sumo Group PLC: Agreement of Revised Revolving Credit Facility

Investegate announcements from Sumo Group PLC, Agreement of Revised Revolving Credit Facility

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EARNINGS UPDATES: Pittards swings to profit; Immupharma loss widens

EARNINGS UPDATES: Pittards swings to profit; Immupharma loss widens
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Sumo acquires Auroch Digital

Sumo acquires Auroch Digital
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Bristol , City-of , United-kingdom , Carl-cavers , Tomas-rawlings , Sumo-group , Auroch-digital , Mars-horizon , Secret-mode , பிரிஸ்டல் , நகரம்-ஆஃப் , ஒன்றுபட்டது-கிஂக்டம்

TRADING UPDATES: Boku launches in Germany; Focusrite trading well

TRADING UPDATES: Boku launches in Germany; Focusrite trading well
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Sumo acquires Auroch Digital

Sumo acquires Auroch Digital
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Bristol , City-of , United-kingdom , Carl-cavers , Tomas-rawlings , Sumo-group , Auroch-digital , Mars-horizon , Secret-mode , பிரிஸ்டல் , நகரம்-ஆஃப் , ஒன்றுபட்டது-கிஂக்டம்

SUMO GROUP ANNOUNCES HIRE OF FIRST EQUALITY, DIVERSITY AND INCLUSION MANAGER

SUMO GROUP ANNOUNCES HIRE OF FIRST EQUALITY, DIVERSITY AND INCLUSION MANAGER
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Sumo execs to share £92m payday in Tencent takeover

Sumo execs to share £92m payday in Tencent takeover
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Investegate |Sumo Group PLC Announcements | Sumo Group PLC: Form 8 (OPD) - Sumo Group plc

Investegate |Sumo Group PLC Announcements | Sumo Group PLC: Form 8 (OPD) - Sumo Group plc
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MIDAS SHARE TIPS UPDATE: Our Sumo tip was ahead of the game


When Carl Cavers started video games group Sumo in 2003, a friend lent him somewhere to work free of charge because he and his three co-founders could not afford to pay any rent. 
None of them took a salary and early employees accepted peppercorn wages, in the hope that they could work together and build up a meaningful business. 
Those hopes proved well-placed. Last week, Cavers recommended a £5.13 a share bid from Chinese tech giant Tencent, valuing Sumo at £919million. 
In the bag?: Sumo, which developed Sackboy: A Big Adventure, is set to be bought by Chinese firm Tencent
Sheffield-based Sumo has clearly come a long way in the past 18 years. The group is one of the best-known games developers in the world, counting giants such as Microsoft, Sony and Apple as customers. 

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