[2] Terramarque was founded by Ilari Kuittinen and Stavros Fasoulas, and hired Miha Rinne in 1994.

[2] Fasoulas, at the time, was working on a clone of Bubble Bobble titled Galactic, but failed to find a publisher, wherefore the game ended up on a covermount in British magazine The One.

[2] In December 1994, Kuittinen began working closely with Tikkanen, and their two companies formally merged in 1995 to form Housemarque.

[14] At the PlayStation 5 reveal event in June 2020, Housemarque announced its first AAA title, Returnal.

[20] Harry Krueger, the director of Returnal who had been with Housemarque for more than 14 years, left the studio in November 2023.

[21] The company intends to move to new offices of 3,000 square metres (32,000 sq ft) within Helsinki by 2024.

[22][needs update] In February 2025, Housemarque announced during State of Play its new game, Saros, which is scheduled for release on the PlayStation 5 in 2026.