Sea Limited announced that its digital entertainment arm, Garena, has acquired Phoenix Labs, known for the co-op action RPG, Dauntless. The acquisition took place in recent days and the studio hopes that this allows them to further develop Dauntless as well as support the team’s future projects. The move will also assets Phoenix Labs is reaching new markets and hopefully bring their titles mobile devices.
Jesse Houston, CEO and co-founder of Phoenix Labs, said, “Our partners at Garena have been our most steadfast supporters since the early days of Phoenix Labs, and we are excited to join forces with a global games leader. With this next step, we’re able to ensure that we can provide the best possible experience for Dauntless players around the world. We’re extremely excited about what the future holds for Phoenix Labs, as we continue to support our ever-growing Dauntless community and explore future games.”
Forrest Li, Founder and Group Chief Executive Officer of Sea, said, “We couldn’t be happier to welcome Phoenix Labs to the Garena family. Over the last few years, we have watched Phoenix Labs mature into one of the best development teams in the business and launch a hugely exciting title in Dauntless. We also know that they share our mission of making great games, creating the best teams, and putting players first. Our skill sets are highly complementary, and we see many exciting opportunities ahead that our teams can explore together.”
Post-acquisition, the existing management team at Phonenix Lahs will continue to run the studio. The team now has access to new tools and opportunities to grow their brand, which in theory sounds great.
Dauntless is available now on PlayStation 4, Xbox One, Nintendo Switch, and PC with full cross-platform support.
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