Just Cause and Rage 2 Dev Avalanche Studios Acquired by Nordisk Film

Avalanche Studios, the developer behind Rage 2 and the Just Cause series, has been acquired by Nordisk Film but will continue to operate as normal.

Nordisk announced the acquisition is the largest in the company's 111-year history. Having been minority owners in Avalanche Studios since last year, Nordisk dropped €89 million to secure the remaining shares and now owns the game developer outright.

"At Nordisk Film, we are determined to strengthen our position in the growing global gaming market," said Nordisk CEO Allan Mathson Hansen in a press release. "We want to build a sizeable portfolio of game developers. Our engagement in Avalanche Studios proves that we are committed to substantial and long-term investments."

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