Britain’s video games sector is going from strength to strength,which is helped by the rise in online gaming, which is in turn boosting the UK stock market.
The number of games firms listed on the stock market has grown significantly in recent years.
“Companies range from Keywords Studios, which performs outsourcing services to games developers, to publishers of their own games, such as Frontier Developments and Codemasters,” John Hudson, co-manager of the Premier UK Growth Fund for Premier Asset Management, told Investment Week.
“Sumo Digital and Team17 also recently listed on the market and have performed strongly since.”
Sumo Group’s (LON:SUMO) award-winning businesses provide creative and development services to the video games and entertainment industries, from studios in Sheffield, Newcastle, Nottingham, Pune (India) and Vancouver (Canada).
The Group’s operating businesses include Sumo Digital and Atomhawk. Sumo Digital, its primary business, is one of the UK’s largest independent developers of AAA-rated video games, providing both turnkey and co-development solutions to an international blue-chip client base. Atomhawk, a complementary business acquired in June 2017, is a multi-award winning visual design company, servicing the games, film and visual effects industries. Together, the Group delivers full-service visual and development solutions, which include initial concepts and pre-production, production and development, and post-release support.