Thunderful is a new gaming company resulted as a merger of two veterans in the Swedish gaming industry, Image & Form International AB and Zoink AB.

Sweden Investments 25 January 2018
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Thunderful AB is a Gothenburg, Sweden-based newly formed company, founded in December 2017, as a parent company to Gothenburg, Sweden-based game development studios Image & Form International AB and Zoink AB, two of the most successful veterans in the Swedish gaming industry.

The merger positions Thunderful as a videogaming powerhouse on all platforms and will continue to develop games with existing and new IPs under their respective labels while sharing the same offices.

Thunderful is owned by Bergsala Holding, Brjann Sigurgeirsson and Klaus Lyngeled. Bergsala is the sole distributor of Nintendo products in the Nordic region and has worked with both studios in the past.

The company is expected to have a combined turnover of SEK 44M ($5.6M) and SEK 19M in profits before taxes.

Image & Form was founded in 1998 by Brjann Sigurgeirsson, who has run the company ever since. After creating a broad range of edutainment titles Image & Form started developing games for a broader audience in 2009. With the SteamWorld game franchise, the studio has asserted itself as a strong developer and publisher on all modern platforms and markets. In 2017 Image & Form won several Game of the Year nominations and awards for SteamWorld Dig 2, and are currently working on new IPs as well as new SteamWorld games.

Zoink was founded in 2011 by CEO Klaus Lyngeled, who among other awards has been named Nordic Game Designer of the Year. Zoink has developed a host of innovative games, and are driven by passion and creativity. The studio made headlines when Electronic Arts, known for game franchises such as Battlefield and FIFA, clinched the contract to publish Zoink’s pioneering game Fe, slated for release early 2018. The studio has also launched a unique and very interesting VR project with one of the industry leaders in the field.