{"id":2648,"date":"2017-10-17T15:47:00","date_gmt":"2017-10-17T15:47:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/307754"},"modified":"2017-10-17T15:47:00","modified_gmt":"2017-10-17T15:47:00","slug":"report-uk-dev-sumo-digital-is-preparing-to-go-public","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2017\/10\/17\/report-uk-dev-sumo-digital-is-preparing-to-go-public\/","title":{"rendered":"Report: UK dev Sumo Digital is preparing to go public"},"content":{"rendered":"<p><em>LittleBigPlanet 3<\/em>, <em>Snake Pass<\/em>, and <em>Crackdown 3<\/em> developer Sumo Digital is preparing to go public in an IPO (initial public offering)\u00a0worth nearly $200 million.<\/p>\n<p><a href=\"https:\/\/www.thetimes.co.uk\/article\/games-designers-line-up-150m-float-rt9qskn9c\">As reported by The Times<\/a>, the developer-publisher is getting ready for a &#8216;\u00a3150 million ($198 million) float,&#8217; with sources claiming Zeus Capital has been hired to\u00a0advise on a listing in London.\u00a0<\/p>\n<p>If the IPO goes ahead, co-founders Carl Cavers and Paul Porter will apparently retain sizeable minority stakes in the studio.\u00a0<\/p>\n<p>Sumo was founded in 2003 and is currently headquartered in Sheffield. The company runs three development studios: Sumo Digital Nottingham and Sumo Digital Sheffield in the UK, and Sumo Digital Pune in India.<\/p>\n<p>The firm\u00a0creates and publishes games for most platforms, and has worked on\u00a0major franchises\u00a0including <em>Forza<\/em>, <em>Dead Space, Hitman<\/em>, and <em>Disney Infinity<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LittleBigPlanet 3, Snake Pass, and Crackdown 3 developer Sumo Digital is preparing to go public in an IPO (initial public offering)\u00a0worth nearly $200 million. As reported by The Times, the developer-publisher is getting ready for a &#8216;\u00a3150 million ($198 million) float,&#8217; with sources claiming Zeus Capital has been hired to\u00a0advise on a listing in London.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2649,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/2648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=2648"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/2648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/2649"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=2648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=2648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=2648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}