Another day, another good news from the Indonesian gaming industry. The creator of Celestian Tales: Old North, Ekuator Games confirmed that it has been acquired by the biggest Indonesian game studio, Agate.
According to the official press release, the partnership deal from the two companies is worth IDR5 billion or around US$350,000. The deal means that some Ekuator Games’ employees are part of Agate’s now, including the Ekuator’s former CEO, Cipto Adiguno. Cipto himself is now the Vice President of Consumer Games of Agate.
“I’m very excited with this Ekuator Games’ acquisition by Agate,” said Cipto in the official statement. “I’m sure that we can create better quality games and can bring Indonesian games to compete in the global gaming industry,” he continued.
Agate’s CEO, Arief Widhiyasa also said that the main purpose of this acquisition was to improve the quality of Indonesian-made games. “We want to unite the Agate’s talents with Ekuator’s talents in order to accelerate the quality of Agate’s consumer game product. In the future, we hope that we can bring the Indonesian gaming industry to the global market,” he continued.
Valthirian Arc: Hero School Story continues its solid performance
Besides the acquisition, Agate also shares another good news from the Valthirian Arc‘s market performance. They said that Valthirian Arc: Hero School Story‘s sales are now surpassing the IDR10 billion mark (more than US$700,000). They can achieve that number in less than three months after the game was released.
Surely the number will continue to grow with Agate’s new plan for this game. They confirmed that they will release the game in Region 3 for PS4 sometime this year. Not only that, but they will also localize the game to Bahasa for all platform.
How about Celestian Tales: Realms Beyond‘s future?
Before the acquisition, we already knew that Ekuator Games was currently developing the Celestian Tales‘ sequel called Realms Beyond. The game was successfully funded when it’s finally launched its Kickstarter campaign back in 2017 with more than US$20,000 pledged by 912 backers. So, how about the game’s future after the acquisition?
“Our short term plan is to release Valthirian Arc: Hero School Story in Asia, then release Celestian Tales: Realms Beyond,” said Cipto to Gameprime.org. “In the long term, we want to finish all of Celestian Tales Kickstarter’s obligation, also we have another new project in our mind,” he continued.
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Cipto also said that the game was 80% finished, and Agate would help the development as part of the deal. “As part of the merger deal, Agate will fund the rest of the development process until it can fulfill all of the Kickstarter’s obligation. The Celestian Tales‘ IP will belong to Agate,” he ended.
Edited by Devi