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Google Acquires Game Developer Typhoon Studios to Boost Its Stadia Platform

Summary:
Tech giant Google seems to be putting a special focus on boosting its Stadia games and entertainment platform. On Thursday, December 19, Google announced acquiring the Montreal-based game development platform Typhoon Studios.Typhoon is a very young platform that started just three years back. The Studio has scheduled its first and upcoming release dubbed “Journey to the Savage Planet” in January 2020. Besides, the title shall be available on multiple platforms. Also, it is very much likely that this title shall come as a Stadia exclusive.The Typhoon Studio will merge with the Stadia team in Canada led by executive Sébastien Puel. Google unveiled its Stadia platform earlier this year in March 2019. Since then, Jay Raymond has been leading as the vice-president of the Stadia platform. During

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Tech giant Google seems to be putting a special focus on boosting its Stadia games and entertainment platform. On Thursday, December 19, Google announced acquiring the Montreal-based game development platform Typhoon Studios.

Typhoon is a very young platform that started just three years back. The Studio has scheduled its first and upcoming release dubbed “Journey to the Savage Planet” in January 2020. Besides, the title shall be available on multiple platforms. Also, it is very much likely that this title shall come as a Stadia exclusive.

The Typhoon Studio will merge with the Stadia team in Canada led by executive Sébastien Puel. Google unveiled its Stadia platform earlier this year in March 2019. Since then, Jay Raymond has been leading as the vice-president of the Stadia platform. During an interview with Gamesindustry.biz, the Google executive said that his company was planning to build multiple first-party studios to release content on the platform. Raymond said:

“We have a plan that includes building out a few different first-party studios, and also building up the publishing org to ship exclusive content created by indie devs and other external partners.”

Typhoon Joining Stadia Games and Entertainment

In the latest announcement, Google said that Typhoon Studios stays committed to bringing incredible player experience. Google also added that under the leadership of Sébastien Puel, Typhoon will be joining our first Stadia Games and Entertainment studio. The tech giant said:

Typhoon Studios will continue to work on the launch of Journey to the Savage Planet for multiple platforms on January 28, 2020. Meanwhile, our priority will be on integrating the team from Typhoon Studios into Stadia Games and Entertainment. We’re thrilled to welcome this incredibly talented team to the Google family!

He further added:

“We’re super-excited to be able to be working with this crew because they’re a team that has done amazing work on amazing games. They worked on everything from Batman to Assassin’s Creed. And the original Splinter Cell, which Reid led as executive producer.”

Google’s expansion into the gaming industry is to counter the rising competition from rivals like Sony, Microsoft, and Nintendo. However, Google will have to really bring a lot more improvement, especially, to compete with these established players.

As for Google stock (GOOGL), despite the current small fall (-0.28%), it has shown a great performance this year. It started the year at around $1000 and today it is trading at $1352. And it is the highest price this year. The lowest prices (if not to rake the beginning of the year into consideration) could be observed in June. At that time the stock was trading at around $1080.

Bhushan Akolkar
Author: Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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