Digital Extremes

Digital Extremes Ltd.
Company typeSubsidiary
IndustryVideo games
Founded1993; 31 years ago (1993)
HeadquartersLondon, Ontario, Canada
Number of employees
300+[1]
ParentLeyou
DivisionsDigital Extremes Toronto[2]
Websitewww.digitalextremes.com

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.

  1. ^ "Digital Extremes - Our Company". September 6, 2023.
  2. ^ "Digital Extremes expands to Toronto". Gamesindustry.biz.
  3. ^ "GamesBeat Boss interview: China's Leyou moves from chicken meat to triple-A game publishing". VentureBeat. September 2, 2017. Retrieved July 24, 2018.
  4. ^ "HKSE-Listed Leyou Technologies Acquires Balance of Digital Extremes from Founders | Bennett Jones". www.bennettjones.com. Retrieved October 25, 2019.