- Business
- Remedy Entertainment Oyj develops and publishes story-driven action video games for PC and console platforms. The company offers critically acclaimed franchises including Alan Wake (Alan Wake, Alan Wake 2, Alan Wake Remastered, Alan Wake's American Nightmare), Control (Control, codename Condor, Control 2), and Max Payne (Max Payne 1&2 remake, Max Payne 2); additional titles encompass Quantum Break, CrossFire HD & CrossfireX Story Mode, Vanguard, and Death Rally; Remedy also develops its proprietary Northlight game engine and tools technology that powers its games. Founded in 1995 and headquartered in Espoo, Finland, the company maintains an office in Stockholm, Sweden, and employs approximately 367 professionals serving global markets. Recent developments include the February 2024 acquisition of full rights to the Control franchise from 505 Games, enabling self-publishing and expansion of the Remedy Connected Universe; an August 2024 strategic partnership with Annapurna Pictures funding 50% of Control 2's budget while retaining full IP rights and pursuing cross-media adaptations; a September 2024 convertible loan agreement with Tencent to support game development; the release of Alan Wake 2's second expansion, The Lake House, in late 2024; and a share repurchase program announced in October 2025 to optimize capital structure.