German game publisher JoWood Productions has announced that it has acquired the assets of Ravensburger Interactive, the parent company of Fishtank Interactive. The takeover expands JoWood's portfolio of upcoming games with nine titles scheduled for release in 2002 and 2003, including the upcoming role-playing game Arx Fatalis, the business simulation Wildlife Park, and AquaNox for the Sony PlayStation 2.
"This agreement is another important milestone in our successful corporate strategy," said Andreas Tobler, CEO of JoWood. "Ravensburger Interactive has an excellent brand name and a very promising product portfolio with potential for topping the charts. Furthermore, we are strengthening our position as the biggest German speaking publisher and at the same time are becoming a key European player."