Paradox Interactive sells its shareholding in Hardsuit Labs to Keywords Studios

May 12, 2023

Paradox Interactive AB (Paradox) has divested its shares in the Seattle-based studio Hardsuit Labs, Inc (HSL) to Keywords Studios plc (Keywords) for a cash consideration of MUSD 4.0.The divestment was a part of a complete acquisition of HSL by Keywords. Paradox acquired 33 percent of the shares in HSL in 2018, and the studio has since then been an associate company in the Paradox Group.

The source of this news is from Paradox Interactive