Codemasters announced yesterday that is has agreed to acquire Slightly Mad Studios. Meanwhile, we all know Slightly Mad Studios for their racing simulations titles. We believe this is an extremely good business move for Codemasters. Subsequently, they will acquire the position as a world-leading developer and game publisher for racing titles.
However, both companies have created some brilliant AAA titles. Codemasters has over 30 years in this gaming arena. They have been a UK leader for racing titles and created the critically acclaimed DiRT and GRID games. Slightly Mad Studios have been in the arena for over 10 years. They are the owner of the Project Cars franchise, again another title racing enthusiasts love.
Codemasters Frank Sagnier Comments
“We are delighted to bring such an incredible racing game developer to the Codemasters family, and this unequivocally establishes us as a global powerhouse in the development of racing titles,” said Frank Sagnier, Chief Executive Officer at Codemasters. “We share the same passion and vision and our new partnership will accelerate our growth. With more streaming services coming to market and the next generation of games consoles due in 2020, this is the perfect time for Codemasters to take its next step.”
Slightly Mad Studios Ian Bell Comments
“Our combined racing games portfolio is the envy of the industry and this new partnership will enable us to learn from each other, share resources and take advantage of emerging platforms and technology,” said Ian Bell, Founder and Chief Executive at Slightly Mad Studios. “My team is excited to be joining Codemasters and we can’t wait to forge a relationship based on creativity, passion and the desire to create new racing experiences that excite and delight our communities.”
We love seeing companies come together for the better. In conclusion, It’s safe to say that the team at Thumb Culture HQ are excited about the future of this acquisition.
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