CCP Games rebrands as Fenris Creations following sale from Pearl Abyss
CCP Games, the developer of Eve Online, is now operating independently as Fenris Creations after its $120 million sale from Pearl Abyss earlier this week. …
CCP Games, the developer of Eve Online, is now operating independently as Fenris Creations after its $120 million sale from Pearl Abyss earlier this week. …
… It is not ruled out that the company indeed began considering the sale then and has only now finalized the agreement. Source: Inven Got a story you'd like to share? Reach us at press@gameworldobserver.com Tags: CCP Games Eve Online Pearl Abyss
… Following the sale, CCP Games will also rebrand to Fenris Creations, and it has also forged a new partnership with Google DeepMind, who owns a minority stake in the company. …
… Back in 2018, Pearl Abyss acquired CCP Games for an upfront buyout price of $225 million, with the potential of an extra $200 million in bonus payouts. Now 8 years later, CCP Games has secured its independence for nearly half of the price that Pearl Abyss had originally paid. …
… But developer Fenris/CCP has faced financial struggles in recent years, with annual losses nearing $20 million in both 2023 and 2024 . …
… CCP Games just bought back its independence from Pearl Abyss for $120 million, and now the developer is changing its name and making an ambitious AI partnership. 2 VIEW GALLERY - 2 IMAGES Eve Online developer CCP Games today announced big changes at the company. …
… The CCP’s AI-enabled cyber force is a serious threat . The CCP’s integration of AI-enabled cyber capabilities within an already advanced cyber force has sustained the PLA as a menacing cyber competitor. …
… The South Korean publisher acquired CCP Games in 2018 for around $425 million. …
… More than 80% of Crimson Desert sales were in North America and Europe. …
… Even assuming it makes it to a full launch, something Fenris’ then-CCP’s Project Legion and Project Nova never had the chance to do. …