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Cryptic Studios is an American video game developer specializing in massively multiplayer online role-playing games. It is headquartered in Los Gatos, California , and was a wholly owned Perfect World subsidiary, [ 2 ] and is now owned by Embracer Group .
Star Trek Online was originally owned by Cryptic Studios and published by Atari Interactive, along with sister title Champions Online. On May 17, 2011, Atari indicated that it no longer wanted to pursue MMORPG gaming and that it planned to sell Cryptic Studios. [37]
On December 9, 2008, Infogrames announced they would acquire online game developer Cryptic Studios. Cryptic was known for their online titles City of Heroes and City of Villains, although the two titles were previously sold to NCSOFT in 2007 and were not included in the sale. [10]
In December 2008, Infogrames bought Cryptic Studios for $26.7 million in cash plus performance bonuses. Cryptic Studios is a massively multiplayer online game developer and its acquisition is in line with the company's new business strategy which focuses on online games. [119] Despite restructuring, Infogrames continued to struggle to become ...
As of 2024 they own more than 106 internal studios in over 45 countries in Europe and the Americas. Its subsidiaries are organized under ten groups: Amplifier Game Invest, Asmodee , CDE Entertainment, Coffee Stain Holding , Dark Horse Media, DECA Games , Easybrain, Embracer Freemode, Plaion and THQ Nordic .
The company closed the THQ Nordic studio Campfire Cabal in June and the Gearbox studios Volition in August and Free Radical Design in December. [68] [69] [70] Other studios were subject to layoffs. [71] [72] By November 2023, Embracer Group had laid off 904 employees, roughly 5% of its workforce, and cancelled at least fifteen projects.
Deca Games acquired DragonVale from Hasbro, who closed down the game's developer Backflip Studios at the end of 2019, on March 17, 2020. [7] On February 21, 2023, Deca Games acquired the rights to various games developed by Next Games, including The Walking Dead: No Man's Land, due to Next Games' acquisition by Netflix. [8]
Gearbox Software has two additional studios in addition to their main studios in Frisco, Texas; Gearbox Studio Montreal, and Gearbox Studio Québec. After the company was bought by Take-Two, many assets were retained by Embracer such as Lost Boys, Captured Dimensions and the San Francisco publishing division which was rebranded as Arc Games ...