Age of Conan: Unchained, the recently released LEGO Minifigures Online and The Secret World are just some of Funcom’s top titles that appear to be struggling after it was discovered that the developer is actively seeking “investment, acquisition, merger or other available options”. The information comes from a new post on the investor section of the official Funcom website.
It’s not the first sign we’ve seen that suggests Funcom may be struggling to maintain financial viability as LEGO Minifigures Online previously released as a subscription based MMO but was almost immediately closed while the team made changes to pave way for a more user friendly buy-to-play model. This however does not appear to have had any serious impact as today’s note suggests.
Following the completion and launch of the LEGO Minifigures Online game, and based on the situation described in the stock notice from Funcom issued on 23 July this year, Funcom N.V. (hereafter the “Company”) has retained ABG Sundal Collier to undertake a broad review of the strategic options available to the Company. The Company is actively seeking interested parties for discussions surrounding a possible investment, acquisition, merger, or any other available options.
Funcom
Funcom will update the market about the outcome of the review and potential other developments in due course.