Company type | Subsidiary |
---|---|
Industry | Video games |
Founded | 1993 |
Headquarters | London, Ontario, Canada |
Number of employees | 300+[1] |
Parent | Leyou |
Divisions | Digital Extremes Toronto[2] |
Website | www |
Digital Extremes Ltd. is a Canadian video game developer founded in 1993 by James Schmalz. They are best known for creating Warframe, a free-to-play cooperative online action game, and co-creating Epic Games' Unreal series of games. Digital Extremes is headquartered in London, Ontario. In 2014, 61% of the company was sold to Chinese holding company Multi Dynamic, now Leyou, for $73 million.[3] In May 2016 Leyou exercised a call option and increased their stake to 97% of Digital Extremes for a total consideration of $138.2 million US.[4] In December 2020, Tencent bought Leyou for 1.3 billion dollars, which included the majority stake in Digital Extremes that Leyou held.