Formula 1 and Dirt builders Codemasters have acquired Project CARS‘ developer Slightly Mad Studios for a whopping $30 million.
The predominantly racing-focused developer has acquired the favored racing developer with a view to additional cement their place as ““a world-leading games developer and publisher of racing videogames.”
Slightly Mad’s Founder and CEO Ian Bell will retain his place throughout the firm, holding administration as sturdy because it’s at all times been.
Codemasters, together with buying the studio, can even be acquiring the rights to Project Cars and the corporate’s “unannounced Hollywood blockbuster title.”
“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,” introduced CEO at Codemasters Frank Sagnier.
“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’s CEO Ian Bell continues: “Our mixed racing video games portfolio is the envy of the trade and this new partnership will allow us to study from one another, share re
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