Canada-owned Ludia plans to add 50 new jobs and make acquisitions

Under the new Canadian leadership, a mobile game studio Ludia This year, 50 plans to add new jobs and maybe obtain a while.

Ludia’s new General Director Jimmy Gendron, local Canadian investors and members of the high management team received a company. It is rare to get one and add more jobs to the shock game industry in the shock.

Los Angeles based Jam took the city of Ludia For $ 165 million in 2021 to connect two mobile gaming companies under the same roof. However, the gaming industry has risen since then and Ludia was separate from Cem, which was aimed at casual games. Ludia has a larger focus in middle games. In the end, the company decided to separate. The new purchase price was not disclosed.

“It notes the beginning of an interesting new chapter for Ludia to return to the independence.

In addition, former CEO of the Holy CEO of Ludia in 2007, Former General Director Alexandre Thabet will play as a chairman of the company as a shareholder and chairman of the Board.

“Today is the great feeling of emotion and great proud I am participating in this announcement. Ludia, one of the most experienced leadership teams in the Canadian mobile gaming industry, is ready to move towards their ambitions.

Gendron, after Thabet after the Cem City deal, was seized as the CEO of Ludia.

“By talking to some Canadian investors in the middle of last year, we began to think that Cem City would be interested in putting an offer on the table, which won a winner for both sides,” Gendron said. “It really started. This meant for both sides.”

In this operation, Fonds de Solidarité FTG, investment québec, BDC capital growth capital partners, including additional support of the National Bank, including the former General Financial Officer of the National Bank, played a key role in the operation as a consultant.

Will come as an independent mobile game studio

Ludia turned into the largest independent mobile game by returning to Canadian property
Further strengthening the position of the study, Montréal and Kvebecin’s position as one of the most out of the world
Video game hubs. The headquarters of the company in the heart of the old Montrée currently
Use more than 130 people. Gendron hopes to hire an additional 50 people next year.

With the support of financial partners, the company intends to explore new purchases to burn expansion.

“Investissement Québec is proud to help Ludiyev return to Québec,” he said, Evp of private capital in Investissine Québec. “As a key player in the video gaming industry, Ludia is now comfortable to grow and expand at the internationally firmly.

Saloua Benxouya, vice president of private capital and influence, Fonds de Solidarité FTG, “Fonda Gendron and Alexandre Thabet’s leadership,” Founds’ Founded in 2007 Mobile gaming industry leader to support local entrepreneurs and growing companies and growing Québec enterprises It reflects our commitment. Working and experienced leadership team is a great asset in place, not only for Ludia, but also for the future of Québecin Entertainment Industry. “

Origin

Founded in 2007, Ludia is the largest independent mobile game studio in Canada. More than 50 games based on the original licenses, original licenses, Yura world world, Jurassic world level based on original licenses, (processing: teen mutant ninja turtles) and more.

Since its inception, the studio has earned more than 1.3 billion from 1.3 billion to 1.3 billion to more than 500 million downloads and more than 3.5 million players attracted.

The company’s largest operational games are now live in the world of Jurry, Jurry World World: Teaching Game and Dragon: Berk’s growth. Some have been ten years and are well performed. Teen mutant ninja turtles and family lawsuits are smaller but still operating.

Back to growth

I asked Gendron why the deal was happening.

“It was in the context of being independent. Alex Ludia is the founder and thought part of this plan to lug him as part of this plan,” Gendron said. “Alex joined this project and became an investor. This gives us a great starting point to start again.”

Some work will be in corporate roles such as finance, marketing, human resources and information technologies, others will be in other game functions. It should be a great impetus for the mood of the worker.

“We have announced our employees on Friday and the whole team gave more excitement than the future,” he said. “As you say, the industry is currently challenging and is super thrilled for employees to make work and enter the development of jobs and growth in growth.”

Genderron noted that the mobile game was tougher on targeted announcements focused on user privacy. According to Genderron, the market returns to a new level of growth. By acquiring the user, some have updates managed by the EU, said Gender.

Montreal, around, remains one of the largest game centers in the world 15.000 Game work. However, in 2024, it was not immune to the total failure in the game with about 34,000 lost jobs. About Canada 821 Game Companies 78 people from 78 people from the summit in 2023 and 2020 and 2020 and 2021.