Keywords Studios steaming ahead with growth plans despite crisis

Keywords Studios PLC (LON:KWS) supplies a range of technical services to computer games developers and publishers. Some of the services it provides include art services, software engineering, audio services, functionality quality assurance (QA), localisation (enabling games to be published in several languages), localisation QA, and player support. Among its clients are Sega, Nintendo, Google, Microsoft and Warner Bros. Established in 1998 it now has studios in more than 42 locations in 20 countries across four continents. Keywords employs a buy-and-build strategy and has been expanding rapidly since its first acquisition in 2014. The list of what Keywords owns is long and will most likely to continue to grow as the company aims to make six small bolt-on acquisitions each year and one or two larger purchases.