Ubisoft completes Anno dev acquisition
Assassin's Creed publisher purchases remaining 70 percent of stake in Related Designs for undisclosed sum.
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Ubisoft has completed its acquisition of Anno developer Related Designs. The Assassin's Creed publisher previously owned 29.95 percent of the company and has now executed a cash transaction to acquire the remaining 70.05 percent.
Terms of the deal were not specified.
With Ubisoft now in control of the company, Related Designs' 65-person staff will continue its work on the browser-based free-to-play massively multiplayer online game Might & Magic Heroes Online. In addition, the studio will work with Ubisoft-owned Blue Byte on "future titles."
"We're happy to formally join Ubisoft," Related Designs managing director Thomas Pottkamper said in a statement. "This move validates our longstanding partnership and provides our teams with additional resources to expand upon their great work."