PlayFusion Acquired by Build A Rocket Boy
News/PlayFusion Acquired by Build A Rocket Boy
Mergers and Acquisitions
10 December 2024 15:52
Build A Rocket Boy has acquired PlayFusion for an undisclosed sum. The acquisition will see PlayFusion support Build A Rocket Boy’s AAA projects, including MindsEye, as well as its open-world platform Everywhere and user-generated content tool Arcadia.
Mark Gerhard, CEO and CTO of PlayFusion, has been appointed co-CEO of Build A Rocket Boy.
“We've always admired PlayFusion's creativity and innovative approach to transmedia entertainment, and joining forces with them will ascend Build A Rocket Boy to our next level of excellence,” said Build A Rocket Boy CEO Leslie Benzies.
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Gerhard added, “It's truly an honour and a privilege to join forces with Leslie and the legendary team at Build A Rocket Boy at such a formative time for the games industry. This next chapter of our combined studios will deliver on that promise as well as disrupt the industry by democratising premium game development. The core team at PlayFusion has been working together for nearly two decades and we are excited to be at the forefront of ushering in a new era of gaming.”
Earlier this year, Build A Rocket Boy raised $110 million in a Series D funding round led by RedBird Capital, with investments from NetEase Games and Galaxy Interactive.
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Mergers and Acquisitions
10 December 2024 15:52
Build A Rocket Boy has acquired PlayFusion for an undisclosed sum. The acquisition will see PlayFusion support Build A Rocket Boy’s AAA projects, including MindsEye, as well as its open-world platform Everywhere and user-generated content tool Arcadia.
Mark Gerhard, CEO and CTO of PlayFusion, has been appointed co-CEO of Build A Rocket Boy.
“We've always admired PlayFusion's creativity and innovative approach to transmedia entertainment, and joining forces with them will ascend Build A Rocket Boy to our next level of excellence,” said Build A Rocket Boy CEO Leslie Benzies.
More:Red Bull Gaming Sphere Partners with Xsolla
Gerhard added, “It's truly an honour and a privilege to join forces with Leslie and the legendary team at Build A Rocket Boy at such a formative time for the games industry. This next chapter of our combined studios will deliver on that promise as well as disrupt the industry by democratising premium game development. The core team at PlayFusion has been working together for nearly two decades and we are excited to be at the forefront of ushering in a new era of gaming.”
Earlier this year, Build A Rocket Boy raised $110 million in a Series D funding round led by RedBird Capital, with investments from NetEase Games and Galaxy Interactive.
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Build A Rocket Boy, the studio behind the ambitious game MindsEye, is facing internal turbulence as over 300 UK-based employees...
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