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Cocoon and Thirsty Suitors writer Annapurna Interactive has acquired South African co-development studio 24 Bit Video games for an undisclosed charge.
24 Bit gives engineering, porting, and optimization providers and has labored on quite a lot of titles revealed by Annapurna together with A Memoir Blue, Neon White, and Hindsight.
The deal represents Annapurna Interactive’s first ever studio acquisition.
Annapurna’s first acquisition
“Annapurna has been working with 24 Bit for a few years, and we worth not solely the caliber of their work, however their group as effectively,” mentioned Deborah Mars, co-head of Annapurna Interactive. “They’ve at all times shared our dedication to high quality, and by taking our partnership to the following degree we really feel like something is feasible.”
Annapurna mentioned it will be a case of “enterprise as ordinary” for twenty-four Bit beneath its umbrella, however added it desires to assist the Johannesburg-based studio increase its growth group and proprietary know-how toolkits.
“Collectively, the businesses will proceed to decide to 24 Bit’s ongoing development and help of the South African sport growth business,” it mentioned in a press launch.
24 Bit has expertise working throughout a variety of platforms together with cell, consoles, PC, and VR, and mentioned it “deeply respects” Annapurna’s method to portfolio curation. Studio CEO Luke Lamothe mentioned 24 Bit has joined the writer throughout an “thrilling second of progress and growth.”
Annapurna Interactive itself was established in 2016 and is a division of unbiased film and leisure distributor Annapurna Footage.
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