Perfect World Entertainment acquires Cryptic Studios
Perfect World Entertainment, the Chinese publisher behind Ether Saga Odyssey, Jade Dinasty and Forsaken World, among other free MMORPG games, bought Cryptic Studios from Atari. Perfect World will pay an aggregate purchase price of approximately 49.8 million dollars in cash for Cryptic Studios.
Cryptic Studios is the Californian developer responsible for developing several AAA titles, including Star Trek Online, Champions Online (now free to play), City of Heroes, City of Villains and Neverwinter.
Perfect World already owns a majority on Runic Games, creators of Torchlight. The Company's releases include Torchlight (a single-player action-RPG), Battle of the Immortals, Ether Saga Online, Heroes of Three Kingdoms, Jade Dynasty, Legend of Martial Arts and Perfect World International - a free-to-play MMORPG which is currently played by millions of people worldwide.
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