In a move that the Just Cause, Mad Max, and more recently Rage 2, developer calls "the right offer, at the right time, from the right company". Previously Nordisk Film held a minority stake in the company, which has now grown to over 320 developers across multiple studios in Sweden. The deal was worth approximately $103 million USD.

Avalanche CEO, Pim Holfve, told GamesIndustry.biz, "We have worked closely with Nordisk Film as a minority owner for the past year, which has been a great experience. As good as we are at developing explosive open-world games, they have a 111-year history of working with companies within the creative industries, and bring with them a wealth of knowledge and experience. Nordisk Film are also fully committed to our road map, and feel that Avalanche Studios are headed in the right direction, so they don't want to mess with that."

Which points to the studio continuing to operate and grow as it has in the past. With the recent announcement that it was working closely with id Software and Bethesda on the upcoming Rage 2, this is definitely good news. Avalanche was founded in 2003 with its first game being the classic action-adventure Just Cause.