Vertigo Games, well-known for their VR hit Arizona Sunshine and Skyworld, has been bought by Koch Media.

Vertigo receives 40 million euros in cash and 10 million in stock. Depending on their success in the upcoming decade, they could earn up to an additional 25 million in cash and 40 million in stock, bringing the total sum to 115 million.

Koch Media, subsidiary of Embracer Group, is a producer and marketer of digital entertainment products in several continents and manages other developers, like Warhorse Studios (Prague) and Voxler (Paris).

Vertigo Games was founded in 2008 and has focused on VR since 2013. Over the years they have expanded by becoming a publisher for other VR-developers as well, like Fisherman’s Tale. Vertigo also created the service Vertigo Arcade, which connects VR-devs and VR-arcades.

Even though Vertigo Games is 100% part of Koch Media now, they will still operate as an indie developer. The management won’t be changed either.