Boutique gaming companies studio PTW introduced in the present day that it intends to accumulate the property and companies of indie developer Ghostpunch Video games for $13 million in an all-cash transaction. Ghostpunch has labored as a associate studio to a number of triple-A growth corporations, together with 2K, Bethesda Sport Studios and Gearbox. Each corporations anticipate the transaction to shut in September.
In line with PTW, the studio plans to combine Ghostpunch’s experience with middleware know-how and its personal QA information to create AI-based QA automations for shoppers. It additionally plans to synergize Ghostpunch’s artwork integration with its personal AI art-creation know-how.
Deborah Kirkham, PTW CEO, mentioned in a press release, “I’m thrilled to announce that Ghostpunch Games and their amazing roster of talent will be joining the PTW family. Ghostpunch is a highly respected development partner for numerous top-tier AAA studios, boasting a remarkable retainment rate of over 90%. This impressive reputation as a standout studio of talent fully aligns with PTW’s ongoing mission to deliver exceptional development services to its partners around the world.”
A number of members of Ghostpunch’s employees plan to shift in the course of the acquisition, with government director Hugh Falk turning into web site head at PTW’s Fort Lauderdale workplace. Alejandro Garcia-Tunon shifts from director of know-how 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 experiences to PTW’s CRO Kaley Hurst.
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Daniels mentioned, “This acquisition marks a significant milestone for our studio, allowing us to leverage PTW’s global resources and expertise to elevate our game development capabilities. We’re eager to continue to provide top-notch game development services and expand PTW’s Co-dev line of business to clientele worldwide.”