Annapurna Interactive acquires 24 Bit Games
Annapurna Interactive has acquired South Africa-based 24 Bit Games, the company announced. It is the first ever acquisition by the publisher.
The acquisition will allow 24 Bit Games to grow its development team and proprietary technology toolkits for its client base and future new projects, while its current employees and leadership will continue to operate the business as usual.
Together, Annapurna Interactive and 24 Bit Games will continue ongoing advancement and support of the South African game development industry.
“Annapurna has been working with 24 Bit for many years, and we value not only the caliber of their work, but their team as well,” said Annapurna Interactive co-head Deborah Mars in a press release. “They’ve always shared our commitment to quality, and by taking our partnership to the next level we feel like anything is possible.”
24 Bit Games CEO Luke Lamothe added, “We deeply respect Annapurna’s approach to curating a portfolio of great games, its value system around building and extending IP, as well as the company culture. We have truly enjoyed working together over the years, and we believe we are joining Annapurna at an exciting moment of growth and expansion.”
24 Bit Games’ portfolio includes projects ranging from porting to co-development to tool production for independent and AAA studios, across platforms such as consoles, PC, mobile, and virtual reality. Visit its official website here.
Read more on gematsu.com
