Daybreak Game Company has been acquired by Enad Global 7 in a $300 million deal, adding yet another studio to EG7's growing stable of game properties.
Earlier this year, Daybreak acquired Cold Iron Studios — a company that is working on a new shooter set in the Alien universe. Now, Daybreak itself has been acquired by Swedish company Enad Global 7, a growing collective of game companies that already has a catalog of over 1,000 titles in its stable.
Daybreak Game Company is 'A Perfect Fit' for EG7
As GamesIndustry.biz reports, Enad Global 7 is paying out a mix of cash and shares totaling $300 million for its acquisition of Daybreak Game Company. Daybreak largely specializes in online games, adding the following titles to EG7's portfolio:
- DC Universe Online
- Everquest
- Everquest II
- H1Z1 Battle Royale
- Planetside 2
"Daybreak is a perfect fit for EG7, we are a family of companies with complementary skills and expertise, combined to form a major video games business to deliver amazing games and experiences to gamers around the world," said EG7 CEO and Co-Founder Robin Flodin. "Daybreak has a rich portfolio of owned and third-party IPs and we look forward to adding to that portfolio of games in the years to come."
This wasn't the only recent acquisition by Enad Global 7; late last month, it also acquired MechWarrior developer Piranha Games for $16.2 million. With the addition of Daybreak, EG7 has created a seriously robust online profile across multiple genres.
A move like this is only the beginning, mind — it's unclear how EG7's acquisition of Daybreak Game Company will affect its relationship with Cold Iron Studios or what substantial changes (if any) may be coming to the company as a result of this deal.
What do you think of Daybreak Game Company being acquired by EG7? Do you think this will be a good long-term move for the games under Daybreak's umbrella? Let us know in the comments below!
