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Grinding Gear Games

Grinding Gear Games

Grinding Gear Games (abb. GGG) is an Auckland, New Zealand-based video game developer.

OverviewStructured DataIssuesContributors

Contents

grindinggear.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Gaming
Gaming
0
Video game industry
Video game industry
Location
Auckland
Auckland
0
B2X
B2C
B2C
0
Pitchbook URL
pitchbook.com/profiles...228913-48
Parent Organization
Tencent
Tencent
0
Legal classification
‌
Subsidiary
0
Privately held company
Privately held company
0
Number of Employees (Ranges)
51 – 200
Phone Number
+64955139350
Founded Date
2006
0
Competitors
Gazillion Entertainment
Gazillion Entertainment
0
Gamevil
Gamevil
0
Teyon
Teyon
0
Aeria Games
Aeria Games
0
SkunkWorks Digital
SkunkWorks Digital
0
Worldwide Webb
Worldwide Webb
0
Thirdverse
Thirdverse
0
Ubisoft
Ubisoft
0
Business Model
Subscription (with freemium option)0
Country
New Zealand
New Zealand
0
Headquarters
Auckland
Auckland

Other attributes

Notable Work
Path of Exile
Path of Exile
0
Wikidata ID
Q5609440
Overview

Grinding Gear Games is a developer of online games founded in 2006 and based in Auckland, New Zealand. The company's games include a range of online strategy games with role-playing games that are free to play. Grinding Gear Games' main title, Path of Exile, was released in 2013 as a free-to-play, competitive, online action-role-playing game.

Tencent majority acquisition

In 2018, Chinese gaming and social media company Tencent acquired a majority stake in Grinding Gear Games. In response to the acquisition, Grinding Gear Games said the company would remain independent and would not change how the company operates. The acquisition came after Grinding Gear Games began offering its main game title in China. In a series of posts, Grinding Gear Games noted Tencent's history in developing similar games, and Grinding Gear Games' leadership felt Tencent would understand Grinding Gear Games' approach to developing games and respect that process.

Games
Path of Exile

Grinding Gear Games' first game, launched in 2013, is Path of Exile, a free-to-play online role-playing action game that was initially released for PC and won GameSpot's PC Game of the Year in 2013. Path of Exile would eventually be released for Xbox and PlayStation consoles, with a mobile version of the game under development for Android and iOS. The original game underwent a process of evolution, including thirty expansions, and would eventually win the BAFTA award for Best Evolving Game in 2020. In the game, the player must struggle to survive in a hostile online world and seek revenge, while creating their player. It offers single-player and player-versus-player gameplay.

After releasing the game, Grinding Gear Games committed to a monetization strategy that did not include requiring players to pay for game advantages through getting in-game gear, character levels, skills, or treasure needed. Instead, the company committed to monetizing by selling virtual cosmetic items and gear for characters through microtransactions, allowing players to choose to support the developer in that way.

Path of Exile 2

A sequel to the original Path of Exile, Path of Exile 2, is an action RPG set years after the original game and returns the player to the same game world to seek to end corruption in the world. The game is expected to be a free-to-play online multiplayer game with co-op play for up to six players. Further, Grinding Gear Games has committed to the same expansion and monetization model of the original game for the sequel, with the new game expected to launch on PC, macOS, Xbox Series X/S, and PlayStation 5.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Path of Exile 2's Campaign Bosses Are a Huge Promise the Game Shouldn't Break

https://gamerant.com/path-of-exile-2-100-bosses-arpg-formula-genre-diablo-4-uber-lilith-good-bad/

Web

August 20, 2023

Path of Exile: Crowdfunding that isn't following the Kickstarter crowd

https://venturebeat.com/games/path-of-exile-crowdfunding/

Web

February 10, 2013

References

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