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TinyBuild, the well-known developer and publisher, has just wrapped up the sale of Red Cerberus, a quality assurance company. This acquisition has transferred the reins to TestFly, a prominent testing firm, in a tidy deal valued at $1.5 million, all settled in cash upon closure.
Kevin Chelius, the CEO of TestFly, expressed his enthusiasm about the new addition to their team by stating, “We’re absolutely delighted to have Red Cerberus join our TestFly family. Their expertise and stellar reputation align perfectly with our goal of revolutionizing game testing. This acquisition underlines our dedication to helping developers and publishers bring dependable and top-notch gaming experiences to audiences worldwide, while also bolstering our footprint in Latin America.”
From TinyBuild’s perspective, CEO Alex Nichiporchik commented, “Letting go of Red Cerberus is a key step in focusing our portfolio, honing in on what we truly excel at: the creation and growth of remarkable intellectual property. Red Cerberus played a pivotal role in our journey, and I’m incredibly grateful to the entire team for their hard work and commitment.”
With this strategic shift, TinyBuild aims to channel resources back into their core creative ventures, optimizing long-term revenue through the future release of new game IPs. They’re looking forward to introducing some highly promising games in 2025, staying energized about the road ahead for TinyBuild.
