Paradox Interactive, the Swedish publisher primarily known for grand strategy games like Crusader Kings and Europa Universalis, announced their intention to go public later this year.
The news came to English-speaking audiences via company CEO Fredrik Wester’s Twitter.
Our intention is an IPO for Paradox Interactive during 2016. Check out article below for more info (Swedish) https://t.co/Ww4IEKC6CH
— Fredrik Wester (@TheWesterFront) March 7, 2016
According to a post on the Paradox forums, the company “will communicate any corporate communication in Swedish to ensure we adhere to current laws and regulations,” which means that details will be shaky until a full translation becomes available, though some sites are reporting based on the above interview that Paradox will soon look to move into console and mobile publishing. That will likely be disappointing news to the company’s fans, but certainly a boon to shareholders and future stock prices.
Wester’s forums post above also asserted that “the principal shareholders (like myself and long time owners Spiltan Investment) in Paradox will remain principal shareholders and that only a small part of the company is in question for any future plans.”
