EverQuest Developer Daybreak Game Company Acquired for $300 Million
Known for titles such as EverQuest and Planetside 2, Daybreak Game Company has been acquired by Enad Global 7 for $300 million.
2020 has seen its share of notable studio acquisitions and changes over the past many months, from Microsoft’s surprise acquisition of Bethesda Softworks earlier this year to several others. Joining the fray in the latest studio acquisitions for this year is Daybreak Game Company, with the developer being formally acquired by Enad Global 7 and becoming one of its largest owned studios yet.
Today, Enad Global 7 announced its acquisition of Daybreak Game Company, with plans for the sale to close by the end of 2020 for $300 million. The sale also marks the second recent acquisition of a game studio for EG7, as the company–which develops, produces, and markets video games–also purchased MechWarrior developer Piranha Games a week ago.
Coinciding with the announcement, EG7 founder and CEO Robin Flodin stated that “Daybreak is a studio I have the utmost admiration for, not only for their games but the teams behind those games and services.” Flodin added that “together we have bold and exciting plans for the future, and I look forward to making those dreams a reality for gamers all over the world.”
Daybreak Game Company, which was originally formed as Sony Online Entertainment, is most well-known for titles such as EverQuest, H1Z1, Planetside 2, and DC Universe Online. While in the past few years the company has experienced layoffs and other hurdles, at the beginning of 2020 the company established a restructuring plan to devote teams to several of its franchises and titles. Specifically, the company established Darkpaw Games, Rogue Planet Games, and Dimensional Ink Games to focus on three of its most popular titles: EverQuest, Planetside 2, and DC Universe Online, respectively.
Aside from its current projects and titles, Daybreak also has a few other projects lined up for sometime in the future. Specifically, the company acquired Cold Iron Studios this past August, which is currently at work on an MMO shooter set in the Alien universe.