May 2014


agnitio was aware of SocialSpiel from its inception since 2009 (composed of senior staff from Rockstar Vienna). After maintaining contact with the studio for several years, Agnitio made a principal investment in the company and Shum was appointed as a Board director. As the company continued to grow and achieved profitability, it developed several compelling game concepts and engaged Agnitio as its financial adviser to solicit interest from the largest global publishers worldwide. 


agnitio identified the leading global publishers worldwide that would be the most appropriate investors & publishers to provide the requisite equity financing into the company along with publishing capabilities to launch the company's next title, Legacy Quest. Nexon was chosen amongst a number of candidates to be the sole investor & publisher given its global publishing capabilities, reputation and willingness to support the studio on a long term basis.  agnitio negotiated and structured both an equity investment as well as exclusive global publishing deal with Nexon on behalf of the company.


The transaction was announced in May 2014 and terms were not publicly disclosed.  agnitio is a Board director of SocialSpiel and continues to provide strategic advisory services to the company.