The development team People Can Fly announced the acquisition of another team, Phosphor Studios. The latter, responsible for titles such as Dark Meadow and The Brookhaven Experiment, will be known from now on under their new name. The newborn People Can Fly Chicago it will be the seventh rib of the talented team, as well as the third based in the territory of the United States. For the moment, however, the thing is still quite fresh: the terms of the acquisition have not yet been revealed to the public. All we have to report at the moment are the customary comments, which were not lacking.
The CEO, or CEO, of People Can Fly opens up about it: Sebastian Wojciechowski defined this latest acquisition of Phosphor Games as an “execution” of its “strategy”. It was echoed by him Justin Corcoran, CEO of the other party involved, calling the deal “a new chapter” for their team. The enthusiasm is tangible: Corcoran is already aiming at triple A projects, with the explicit aim of strengthening the presence of the new hosts in the US and helping the growth of the brand on a global scale.
Our source, the same as the sales data we deal with on a weekly basis, briefly discussed the purely economic side of the story. The People Can Fly studio boasts a notable presence in stock market in Warsaw, where last December the company value reached the quota of fifty-three million dollars. We will become aware of the implications of the merger from the purely videogame side only in the next few months.
Now it’s up to you to tell us yours: what do you think of this surprising acquisition? Let us know below, and as always don’t forget to stay on TechGameWorld.com for all the most important news for gamers and more. For your purely gaming needs, you can instead find the best discounts in digital format on Instant Gaming.
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