Singapore is continuing to make big moves in gaming, this time around, a major acquisition of a Canadian developer is perhaps a harbinger of things to come. Singapore-based game developers and publisher Garena has just completed the takeover of Phoenix Labs, the folks behind the free-to-play, monster-hunting game that is Dauntless.
Founded by veterans of both BioWare and Riot Games back in 2014, the Vancouver-based studio has tasted success with Dauntless, with over five million players having graced the servers.
The takeover will not change the operations behind-the-scenes, however, as Phoenix Labs will continue to support the game and explore “new opportunities in global markets and on mobile.”
“Our partners at Garena have been our most steadfast supporters since the early days of Phoenix Labs, and we are excited to join forces with a global games leader,” Jesse Houston, CEO and co-founder of Phoenix Labs stated. “With this next step, we’re able to ensure that we can provide the best possible experience for Dauntless players around the world.”
The two companies will work together to help grow Dauntless in markets like Asia and Latin America, and of course, on mobile as well.
Over the last few years, we have watched Phoenix Labs mature into one of the best development teams in the business and launch a hugely exciting title in Dauntless.
We also know that they share our mission of making great games, creating the best teams, and putting players first. Our skills sets are highly complementary, and we see many exciting opportunities ahead that our teams can explore together.Forrest Li, founder and group CEO of Sea
Garena, which is owned by consumer internet company Sea Limited, is also a video game distributor across Southeast Asia and Taiwan, helping bring the likes of League of Legends and Free Fire to gamers in the region.