Singularity 6 Acquired by Daybreak
Mergers and Acquisitions
03 July 2024 08:11
Baybreak has acquired Singularity 6 as a wholly owned subsidiary. The developer of Palia will retain its independent operation, led by co-founders Anthony Leung and Aidan Karabiach. With enhanced resources from the acquisition, Singularity 6 plans to accelerate development, achieve the 1.0 launch of Palia, and expand its availability across various platforms.
Established in 2018 by former Riot Games veterans, Singularity 6 has raised nearly $49m through multiple funding rounds. Palia, its inaugural game, debuted in open beta on PC in August last year and later became available on Nintendo Switch. Following its March 2024 release on Steam, Palia garnered predominantly positive feedback. The game has amassed a player base exceeding 4 million (thanks to its free-to-play model) and currently boasts over 100,000 daily active users. Despite encountering financial challenges this year, Singularity 6 remains committed to advancing Palia's development and reach.
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Ji Ham, CEO of Daybreak Games stated “S6 is an excellent addition to our development studios, renowned for their success in creating large-scale online games and content. Their debut title, Palia, is a fantastic addition to our online portfolio. We eagerly anticipate collaborating with the S6 team to make Palia the best online experience possible across all major gaming platforms and to help continue expand their community of players for years to come.”
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03 July 2024 08:11
Baybreak has acquired Singularity 6 as a wholly owned subsidiary. The developer of Palia will retain its independent operation, led by co-founders Anthony Leung and Aidan Karabiach. With enhanced resources from the acquisition, Singularity 6 plans to accelerate development, achieve the 1.0 launch of Palia, and expand its availability across various platforms.
Established in 2018 by former Riot Games veterans, Singularity 6 has raised nearly $49m through multiple funding rounds. Palia, its inaugural game, debuted in open beta on PC in August last year and later became available on Nintendo Switch. Following its March 2024 release on Steam, Palia garnered predominantly positive feedback. The game has amassed a player base exceeding 4 million (thanks to its free-to-play model) and currently boasts over 100,000 daily active users. Despite encountering financial challenges this year, Singularity 6 remains committed to advancing Palia's development and reach.
More:Esports World Cup Partners with TikTok
Ji Ham, CEO of Daybreak Games stated “S6 is an excellent addition to our development studios, renowned for their success in creating large-scale online games and content. Their debut title, Palia, is a fantastic addition to our online portfolio. We eagerly anticipate collaborating with the S6 team to make Palia the best online experience possible across all major gaming platforms and to help continue expand their community of players for years to come.”
Related news
View All1SP Agency, a global marketing firm focused on gaming and tech, has acquired MeetToMatch, the leading B2B matchmaking platform for...
Mergers and Acquisitions
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Luminosity Gaming is back under the control of its original founder, Steve Maida. The esports organization, known for its history...
Mergers and Acquisitions
Jan 19, 2026
CD Projekt RED has sold its digital game store GOG to one of its original founders, Michał Kiciński, for 90.7...
Mergers and Acquisitions
Jan 05, 2026
DarkZero Esports has acquired the esports assets of North American organisation NRG in a deal that marks a major shift...
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Bandai Namco has sold its subsidiary, Limbic Entertainment, to a private investor specializing in video games. This move is part...
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