The acquisition includes the development team and all intellectual property rights.

Koch Media GmbH , subsidiary of THQ Nordic AB , stipulated today an agreement to acquire Milestone srl , leading developer and publisher in the racing genre, based in Milan, which boasts successful titles in its portfolio such as MotoGP and Supercross .

The acquisition includes the development study and all intellectual property rights.

Becoming part of the Koch Media family is an important step for our studio, having been managed as a family-run business, built on the enthusiasm of the members of his team and specialized in racing game, we are pleased to bring our experience and knowledge in the company group, committing ourselves to acquire it even outside our main DNA.We are sure that the combination of our experiences will strengthen our position in our market segment and it will help us offer more and more exciting games for our fans, extending the frontiers of the racing genre in the videogame sector “, declared Luisa Bixio Vice President of Milestone srl

Dr. Klemens Kundratitz , CEO at Koch Media GmbH added: “ We are happy to welcome the Milestone team into Our company After a long collaboration in the distribution sector in some selected Koch territories, I am sure that by combining the knowledge of our companies, new and extraordinary opportunities will open up in a key market of the videogame industry. that the motivation and passion that drive the Milestone team and its strong value in the racing segment are a solid foundation for future projects.The experience in titles with official licenses like MotoGP and in the publication and development of own IPs like RIDE, constitute an important legacy in the racing genre, which will help us to expand our portfolio and will strengthen us for the future . ”

LOGO__MILESTONE

Milestone is a software house originally founded in 1994 with the name Graffiti. From 1996, the family business, which counts about 200 employees, is known as Milestone.

Over the years, Milestone has produced legendary racing titles like Screamer for Virgin, The Superbike series for Electronic Arts and WRC for Black Bean, just to name a few. In 2011/12 Milestone has started its IP publishing business under official license with the MotoGP series. Thanks to the continuous growth and the experience gained by the Milestone team, the 2013 marked the entry of the MXGP series. Instead, the company launched its first franchise, Ride, in 2015, then adding the official Monster Energy Supercross series in 2018. The current line-up is built around the three annual MotoGP, Supercross and MXGP brands and the biennial publication of the owned IP, RIDE. Three additional IPs, not yet announced, which should be launched in 2021, are proof of the company's further growth along with its main products in the genre where it is specialized.

RIDE :

Ride is Milestone's most successful IP and since 2015 it represents the embodiment of the definitive experience on two wheels in video games . With a strong fan base, the third chapter was published in 2018, with over 300 motorcycle with official license and thousands of accessories for personalization. The launch of RIDE 4 is scheduled for 2020 and will include an innovative neural artificial intelligence system and new vehicle classes.

MotoGP :

MotoGP is the most enduring franchise in Milestone's history, starting from 2007. MotoGP 19 has been published recently and has been acclaimed by critics and fans.

ANNA (artificial neural network agent) played a key role in the success of the title, simulating the learning of the NPCs and guaranteeing a unique experience at every race. The implementation of this new form of artificial intelligence in a video game is a unique and unmatched result for Milestone. MotoGP is a well-known franchise in eSports and attracts worldwide attention with over 15. 000 participants in the year and important sponsors such as Michelin, BMW and Red Bull to support the competitions.

MXGP :

MXGP is the world motocross championship with official Youthstream license. The next chapter in the franchise's story will be released soon and will include new features such as the song editor and full support for customizing drivers and vehicles.

Supercross :

Monster Energy Supercross, licensed by Feld, is the most important motorcycle sport in the United States. With the two previously published chapters, the franchise sold 1 million copies and Supercross 3 has a planned launch in 2020. It will be the first Milestone game to land on Google Stadia.

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