We've known for a few years now that the team at Cold Iron Studios is working on a new shooter that is set in the Alien universe. However, as the development of the project has continued, Cold Iron Studios' ownership has started to change hands. Once again today, Cold Iron has now been picked up, this time around with Daybreak Games, the creator of titles like DC Universe Online, being the company's new owner.

Daybreak announced today via a press released that it has now officially acquired Cold Iron Studios. In the process, Cold Iron itself is said to be continuing its development of the forthcoming Alien shooter, which is still planned to hit both PC and consoles in the future. Daybreak will serve as a publisher for Cold Iron moving forward and the studio itself will largely continue to run on its own.

"Daybreak and Cold Iron share the same passion and long history for delivering action-packed multiplayer games for audiences worldwide," said Cold Iron Studios co-founder Craig Zinkievich of the move. "In combining our decades of experience developing and launching globally successful multiplayer titles, we’re destined to make great games together."

If you remember back in 2018, FoxNext Games was actually the first publisher to pick up Cold Iron. However, when Disney ended up purchasing Fox, FoxNext games was eventually sold off to a company called Scopely earlier this year. Not long after, Scopely decided it wanted to then shop around Cold Iron, which brings us to today's acquisition.

Cold Iron has definitely had a strange past few years but hopefully, being owned by Daybreak will bring the developer some much-needed stability. Not much is known about the studio's Alien-centric shooter at the moment other than the fact that it's surprisingly set to take the form of an MMO. Hopefully, we'll begin to see more of this long-awaited project in the near future.