RCP and Auctus form European games group Prestiged
Is this the German equivalent of the up-and-coming Swedish games groups? Remote Control Productions and Auctus Capital Partners have formed a joint venture, Prestiged, which is set to become a leading European games group.
The move is unexpected, but not surprising. Munich-based production company Remote Control Productions (rcp) and Auctus Capital Partners have entered into a strategic partnership. Together, they have launched a joint venture called Prestiged with the aim of creating a European gaming powerhouse. rcp, which has long operated a similar structure with a focus on the German-speaking region, will contribute its industry know-how to the joint venture, while Auctus will provide its financing expertise. The cooperation is not a merger; both rcp and Auctus will continue to operate as independent companies.