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Xsolla, which handles digital commerce for game organizations, is supplying a new service named Xsolla Exit Strategies that will aid entrepreneurs sell their game studios or projects. And it exercised its personal guidance yesterday by purchasing analytics and information visualization firm Slemma.
The new service will connect improvement studios with economic and transaction advisors, guiding them by means of the approach of promoting their game home or studio, from due diligence preparation to exiting. (Chris Hewish, president of Xsolla, is speaking on worldwide publishing at our GamesBeat Summit 2021 occasion on April 28-29.)
Xsolla handles hundreds of distinctive payment systems about the world. And it operates with more than 1,500 game organizations and 2,000 games. While other payment organizations concentrate on bigger industries, Xsolla has thrived by focusing mostly on games. Last year it provided its Business Engine for game developers and publishers, in addition to its Transaction Engine.
Now the Xsolla Exit Strategies will be an addition to the Xsolla Funding Club, launched in March 2019, which matches game projects and investors. The exit guidance enterprise will take that a step additional when entrepreneurs are prepared to sell.
Big demand for acquisitions
The gaming business continues to flourish as demand is higher for strategic partnerships and acquisitions for each game organizations and intellectual home. Xsolla simplifies the complicated approach by matching video game business-focused advisors with developers, as they progress their enterprise to the next stage.
Xsolla will match developers with game-focused economic and transaction advisors who can prepare an exit method based on a studio’s needs. Advisors will aid developers by means of the exit method for promoting a game home or studio. They will connect developers with an advisor to aid meet strategic ambitions.
If an entrepreneur desires to sell a controlling stake in a firm or wind a studio down, Xsolla will aid. The firm sees this as yet another step in assisting developers navigate the complexities of securing funding, stated Dimitri Bourkovski, chief investment officer at Xsolla, in a statement.
Xsolla Exit Strategies will not be getting any costs or compensation in connection with the matching and referral of consumers to economic advisors as described in the foregoing, and it will have no involvement in negotiating the terms of, or executing, any transaction that might in the end outcome from any such referral.
Meanwhile, Xsolla purchased Slemma and will integrate its solution suite into the Xsolla publisher account to provide consumers with information visualizations, even connecting to third-party tools and services like Amazon RDS, Microsoft Azure, Google Analytics, Facebook, Twitter, Zendesk, and Salesforce.