Paradox Interactive, a publicly owned company headquartered in Sweden, founded in 1999, employs approximately 620 individuals. It reported $57.5M in revenue as of 2025. The company functions as a video game publisher and developer specializing in computer games, particularly deep and complex strategy titles. Its business model centers on creating games with long lifespans, which are supported and expanded through a steady stream of downloadable content (DLC) and expansion packs, fostering a dedicated community of players. Paradox publishes major franchises, including the grand strategy series Europa Universalis, Hearts of Iron, Crusader Kings, and Stellaris, as well as the city-building game Cities: Skylines. In addition to its internally developed titles, the company publishes games from third-party developers and owns the intellectual property rights to the World of Darkness franchise, which includes the Vampire: The Masquerade setting.
Paradox Interactive announced *Cities: Skylines – Expanded Edition* for Nintendo Switch 2, scheduled to launch on October 28, 2026, bundled with 10 DLC packs. Optimized for the Switch 2, this edition expands on the original city-simulation game, which initially launched on Windows PC and was later released on Switch, PlayStation 4, and Xbox One, allowing players to develop cities from initial roads to metropolitan centers, managing public services and civic policies. Previously, between September 28 and October 2, 2026, Paradox Interactive acquired 139,000 of its own shares. The company implemented this share buyback program to optimize its capital structure, aiming to reduce share capital and generate additional shareholder value.
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