Grinding Gear Games

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Grinding Gear Games
Company typeSubsidiary
IndustryVideo games
Founded2006
HeadquartersAuckland, New Zealand
Key people
Chris Wilson
ProductsPath of Exile
Owner
Tencent(80%)
Chris Wilson(13.17%)[1]
Websitewww.grindinggear.com

Grinding Gear Games (abb. GGG) is a New Zealand video game developer founded in 2006 and based in Auckland. A former independent developer, the studio was acquired by Chinese tech company Tencent in May 2018, after the Chinese company had published the studio's sole title, Path of Exile, in China (excluding Hong Kong, Macau and Taiwan).[2][3] The open-beta build of Path of Exile was released worldwide in January 2013[4] and the 1.0 version of the game was released in October 2013.[5]

History

Grinding Gear Games was founded in 2006 in Auckland, New Zealand. The company states that its founding members come from various countries and backgrounds.[6][non-primary source needed]

GGG developed Path of Exile, which was released on October 23, 2013. During the open beta from January 23, 2013, to release, more than 46,000 people participated.[7] GGG crowd funded Path of Exile through allowing users to pre-purchase in-game microtransactions ahead of the games launch date. In only 6 days, GGG was able to raise over $245,000.[8]

Games

Game Title Release Year Platform
Path of Exile 2013 Windows
2017 Xbox One

References

  1. ^ https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/1887410/shareholdings
  2. ^ "Internet giant Tencent Holdings acquires majority sKiwi gaming firm Grinding Gear Games". The New Zealand Herald. 21 May 2018. Retrieved 21 May 2018.
  3. ^ "Forum - Announcements - Tencent has Invested in Grinding Gear Games - Path of Exile". Path of Exile. Retrieved 2018-05-28.
  4. ^ "Path of Exile Enters Open Beta". IGN.com. 24 January 2013. Retrieved 21 May 2018.
  5. ^ "Path of Exile 1.0, Steam, and sweet, sweet revenge". engadget.com. 4 October 2013. Retrieved 21 May 2018.
  6. ^ "Grinding Gear Games". Grinding Gear Games. 2012-05-05. Retrieved 2012-05-05.
  7. ^ "Kiwi RPG Path of Exile secures US$200,000 in crowdfunding". Gameplanet. 2012-04-11. Retrieved 2012-05-15.
  8. ^ "NZ game Path of Exile crowd-funds $245,000 in six days". PCWorld. 2012-04-11. Archived from the original on 2012-05-05. Retrieved 2012-05-05. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)

External links

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