Wargaming acquires Day 1 Studios for $20 million

wargamingWargaming, the free-to-play massively multiplayer online  developer has acquired Chicago-based Day 1 Studios for $20 million. Following the acquisition, the newly formed studio will focus exclusively on the development of an unannounced console title.

The acquisition is a key milestone for Wargaming’s strategy of expanding into compelling console-focused gaming experiences, and further reinforces the company’s goal of multiplatform game development. In 2012, Wargaming acquired Australia-based Big World Party Ltd., which provided the company with streamlined development and server middleware tools.

“The move into console game development is a huge step for Wargaming, as we begin to expand our presence into new platforms,” said Victor Kislyi, CEO of Wargaming. “We are looking forward to sharing the fruits of our labor soon.”

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