Sega has sold Humankind developer Amplitude
Sega has sold Humankind and Endless Dungeon developer Amplitude Studios, it’s announced.
During the company’s latest financial results published on Friday, the publisher said the Paris, France-based developer had been sold as part of a management buyout. Its last game, Endless Dungeon, was released last year.
In March, Sega announced a similar sale of Vancouver, Canada-based Relic, which also specialises in real-time strategy games including the Company of Heroes, Age of Empires and Homeworld series.
The Amplitude sale is part of Sega’s restructuring of its European business, which has seen hundreds of layoffs and cancellations across its studios. Notably, Creative Assembly’s live service shooter, Hyenas, was canned.
The majority of the 240 job cuts were made at Creative Assembly and Sega Europe, with a smaller number also being cut at Sega Hardlight, all three of which are based in the UK.
Following a review of the medium-term line-up of its European studios, Sega also said it has decided to “implement write-downs of work-in-progress of some titles in development”. As a result, it expected to record a loss of 5.6 billion yen ($31 million) as cost of sales.
Read more on videogameschronicle.com
