GDEV Takes Over as Nexters Undergoes Rebranding

The renowned mobile gaming studio, Nexters, is on the verge of a significant transformation, reemerging as Nexters Studio under the umbrella of its new parent company, GDEV. According to a report by PocketGamer.biz, this strategic move will witness a shift in focus towards the development of innovative games. GDEV's CEO, Andrey Fadeev, expressed his enthusiasm about this new chapter, stating, "We are thrilled to unveil a substantial shift in our company's strategic trajectory. As part of this endeavor, we have established GDEV as a central hub, tasked with fostering the growth of our studios and prosperous franchises." This development comes on the heels of Nexters resuming trade on the Nasdaq stock exchange after a year-long pause, which occurred three months prior. The decision to delist Nexters from the stock exchange was made amidst the suspension or removal of various businesses following Russia's invasion of Ukraine.