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Indie game publisher Devolver Digital has acquired Seattle-based game developer System Era, creator of the sandbox game Astroneer. The announcement hints that System Era is working on a new game.
JP Morgan lowered its rating on the stock to 'underweight' from 'neutral' and reduced the target price to 550p from 615p.
Publisher Devolver Digital has acquired Astroneer developer System Era Softworks for a total consideration of up to USD 40 million.
System Era has joined with the publisher that almost published them eight years ago.
Devolver has acquired System Era in a deal worth up to $40 million. As reported by Game Developer, an initial $22 milli…