Daybreak Games, the developer of PlanetSide 2 and the EverQuest franchise, has acquired Cold Iron Studios. Terms of the acquisition were not disclosed, but this is a big deal because it means Cold Iron’s new Alien game has found a home and will still see the light of day.
This all came into question after Disney acquired Fox, thus assuming ownership of Cold Iron’s previous owner, FoxNext Games. The mobile game company Scopely acquired Cold Iron Studios earlier in 2020, at which time the studio said it planned to sell the developer.
That has now happened, with Daybreak acquiring Cold Iron and the Alien game they were working on. This game is in the works for console and PC, but it has yet to be announced.
“The game promises to deliver an action-packed, sci-fi shooter experience unlike any other game on the market,” Daybreak said in a press release.
Cold Iron Studios, which is based in San Jose, California, was founded in 2015 by the developers who created Star Trek Online, Neverwinter, and City of Heroes. Cold Iron will continue to operate independently under this new deal, with Daybreak providing marketing, tech, and operational support.
Daybreak, meanwhile, was formerly a subsidiary of Sony before it split off from the PlayStation company to operate independently back in 2015.
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