1C Company and BUKA Ltd. Announce Acquisition Deal

[Nike-it]

Leading Eastern and Central European publisher 1C Company officially announced today that it has signed an agreement in which it has acquired one of the largest Russian publishing and distribution companies, BUKA. 1C and BUKA are two of the most well known brands in the Russian games and multimedia market. Future cooperation opens new horizons for the strategic development of both companies.

A merger is currently not planned, but managers of both enterprises will try to make the best use of the synergy in their publishing, distribution and marketing activities. This approach will give both 1C and BUKA a chance to develop even faster, outstripping the market’s rate of growth.
"BUKA is one of the oldest players on the Russian game market. I always admired the company, its corporate culture, staff, management and operational efficiency," said Boris Nuraliev, Director of 1C Company. "The mutual potential of 1C and BUKA opens new unique opportunities and will help us to achieve success on this challenging and rapidly growing market. It will be an honor for us to develop such a well-known and popular brand."
"We have received offers from several potential buyers, however 1C's advantages were obvious. 1C is our long-term partner. We have experienced firsthand what 1C’s basic principles are – to be honest to partners, customers and employees," comments Igor Ustinov, Chairman of Board of Directors of BUKA. "We highly estimate our staff and the brand that we were developing through all these years. Therefore one of the main aims for shareholders was to leave the company in good hands."

[blacktick]

Well I think it's good that 1C will have more resources in it's disposal and maybe(MAYBE) more passion to take risks in developing different kinds of games.

One thing that stands out is that there will be no merger at the moment,which I think is a good thing. usually when a company gets too big,it also gets more greedier and thus results in more safe games and old formulas that are done to death...oh and also multi/console only games.

But will this affect games currently under development?

edit. and will we see buka games on 1C download page?

[BAXTER STOCKMAN]

I agree that this is a good thing because if 1c has more resources then we will see more games right?? Buka hasnt release any new game for almost 2 years now, right? Maybe that because is a small company.

[Nike-it]

Originally Posted by blacktick

Well I think it's good that 1C will have more resources in it's disposal and maybe(MAYBE) more passion to take risks in developing different kinds of games.

One thing that stands out is that there will be no merger at the moment,which I think is a good thing. usually when a company gets too big,it also gets more greedier and thus results in more safe games and old formulas that are done to death...oh and also multi/console only games.

But will this affect games currently under development?

edit. and will we see buka games on 1C download page?

This agreement will not affect current games, everything will be published as planed.

[BAXTER STOCKMAN]

Will it affect pc gaming??

[Nike-it]

Originally Posted by BAXTER STOCKMAN

Will it affect pc gaming??

What do you mean?

[BAXTER STOCKMAN]

i mean that as black stick said before most big companies create more games for consoles than pc. So if 1c and Buka merge together will continue to support pc?

[Nike-it]

Originally Posted by BAXTER STOCKMAN

i mean that as black stick said before most big companies create more games for consoles than pc. So if 1c and Buka merge together will continue to support pc?

Surely continue, don't worry about that. As I said in another thread, PC is still the main platform in Russia, and also for 1C.

[blacktick]

Originally Posted by BAXTER STOCKMAN

i mean that as black stick said before most big companies create more games for consoles than pc. So if 1c and Buka merge together will continue to support pc?

It's blacktick,not black stick.

[Nike-it]

Originally Posted by blacktick

edit. and will we see buka games on 1C download page?

Maybe. There are such plans, but officialy they are not announced.