Singapore's Virtuos has acquired Vietnam-based art production studio Glass Egg Digital Media.
As reported by GI.biz, the outfit is based in Ho Chi Minh and provides both 2D and 3D art services. To date, it has worked on the likes of Demons Souls, Marvel's Spider-Man and Call of Duty: Modern Warfare.
No figure was placed on the deal, which sees Glass Egg rebranded to Glass Egg - a Virtuos Studio. Right now, the art firm has around 400 members of staff, adding to the roughly 600 employees Virtuos has in Vietnam. The company wants to grow this by 50 per cent to 1,500 members of staff in the near future, with plans to open another studio in the country next month.
"We're excited to bring the Glass Egg team on board the Virtuos family," said Virtuos CEO Gilles Langourieux. "With its strong brand equity, coupled with its sizeable and long-term local operations, Glass Egg demonstrates excellent synergies with Virtuos, and we look forward to harnessing our combined expertise to strengthen our commitment to excellence."
Glass Egg CEO Tran added: "We are honoured to be a part of an industry stalwart, Virtuos. This means our staff will have the ability to expand skills and take on a wider array of projects, which will benefit our clients as well. With the support and resources of Virtuos, we are energized to meaningfully contribute to the industry in its next phase of growth."
Virtuos recently bought Kyiv-based Volmi Games and Montreal's CounterPunch Studios, having previously set up a studio in Lyon.
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