Codemasters bought Project CARS studio

Early yesterday, Codemasters Studios, the maker of games such as Grid, Dirt and Formula One, announced in a news release that Slightly Mad - The creator of the game has bought Project CARS - for $ 30 million. Owning this studio will allow Codemasters to fully enjoy all the official rights and privileges of the Project CARS suite. In addition, according to reports, the studio is currently working on an unannounced big game. Announcing this news, Codmasters currently has more than 700 employees worldwide.

BingMag.com Codemasters bought Project CARS studio

Early yesterday, Codemasters Studios, the maker of games such as Grid, Dirt and Formula One, announced in a news release that Slightly Mad - The creator of the game has bought Project CARS - for $ 30 million. Owning this studio will allow Codemasters to fully enjoy all the official rights and privileges of the Project CARS suite. In addition, according to reports, the studio is currently working on an unannounced big game. Announcing this news, Codmasters currently has more than 700 employees worldwide.

Codmasters Studios CEO Frank Sanir said of the studio's acquisition: "We are delighted to have this great studio with the Codmasters family "We have brought it and it will undoubtedly make us an influential and global studio in the field of racing games." "We have the same interests and perspectives, and this partnership will accelerate our growth," he added. "With gaming streaming services on the market and the next generation of consoles set to launch in 2020, now is a good time for Codemasters to take its next step."

BingMag.com Codemasters bought Project CARS studio

" Ian Bell ", the founder and CEO of Slightly Mad Studio, also said about this collaboration:" Our racing game collection is one of the best and most popular works in the gaming industry, and this "Cooperation allows us to learn a lot from each other, share our resources and make the most of new platforms and technologies." "My team is eager to join Codemasters, and we can't wait to build a relationship based on creativity, passion and making racing games that thrill fans." Slightly Mad Studios in Launched in 2009. Before launching Project CARS in 2015, they created two episodes of the Need for Speed series. The studio released the Project CARS sequel in 2017 and is currently working on its third installment.

BingMag.com Codemasters bought Project CARS studio

Source: Polygon

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