Boutique gaming companies studio PTW introduced right now that it intends to accumulate the belongings and companies of indie developer Ghostpunch Video games for $13 million in an all-cash transaction. Ghostpunch has labored as a accomplice studio to a number of triple-A improvement firms, together with 2K, Bethesda Sport Studios and Gearbox. Each firms anticipate the transaction to shut in September.
Based on PTW, the studio plans to combine Ghostpunch’s experience with middleware expertise and its personal QA data to create AI-based QA automations for shoppers. It additionally plans to synergize Ghostpunch’s artwork integration with its personal AI art-creation expertise.
Deborah Kirkham, PTW CEO, mentioned in an announcement, “I’m thrilled to announce that Ghostpunch Video games and their wonderful roster of expertise might be becoming a member of the PTW household. Ghostpunch is a extremely revered improvement accomplice for quite a few top-tier AAA studios, boasting a exceptional retainment price of over 90%. This spectacular popularity as a standout studio of expertise totally aligns with PTW’s ongoing mission to ship distinctive improvement companies to its companions around the globe.”
A number of members of Ghostpunch’s workers plan to shift through the acquisition, with govt director Hugh Falk turning into website head at PTW’s Fort Lauderdale workplace. Alejandro Garcia-Tunon shifts from director of expertise to director of co-dev. Animation director Devon Browne turns into PTW’s senior animation supervisor, reporting to Falk. Director of operations Rick Daniels steps into the pinnacle of gross sales for artwork and co-dev place and studies to PTW’s CRO Kaley Hurst.
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Daniels mentioned, “This acquisition marks a big milestone for our studio, permitting us to leverage PTW’s international sources and experience to raise our recreation improvement capabilities. We’re wanting to proceed to offer top-notch recreation improvement companies and broaden PTW’s Co-dev line of enterprise to clientele worldwide.”
