UK racing publisher Codemasters acquired Slightly Mad Studios, along with the rights to a yet unannounced "Hollywood blockbuster."
Codemasters will publish future games in the Project Cars series, and anything else Slightly Mad Studios creates.
Racing publisher Codemasters has picked up Project Cars developer Slightly Mad Studios in a £23 million/$30 million deal that will see the entire 150-person studio join the company.Codemasters has been developing and publishing games for more than 30 years and continues to churn out racers, from the annual F1 series to the off-road Dirt Rally 2.0. Slightly Mad Studios, meanwhile, released its first game, Need for Speed: Shift in 2009, eventually starting its own racing series, Project Cars, in 2015.
Today British developer and publisher Codemasters announced the acquisition of another well known racing game studio, Slightly Mad Studios.
Fast & Furious game incoming
Codemasters has acquired Project Cars developer Slightly Mad Studios, the company announced. The studio acquisition includes the Project Cars franchise, as well as an “unannounced Hollywood blockbuster title.” Frank Sagnier will remain the CEO of Codemasters Group, while Ian Bell will retain his position as founder and CEO of Slightly Mad Studios. With the acquisition, …
Veteran racing developer Codemasters has announced the acquistion of fellow British racing house Slightly Mad Studios, adding the Project CARS series to its collection of racing brands alongside DIRT, GRID and the official F1 licence.Terms of the deal were not disclosed. Slightly Mad CEO Ian Bell will remain head of the studio within Codemasters. Codemasters CEO Frank Sagnier reckoned that "more streaming services coming to market and the next generation of games consoles due in 2020" made this the perfect time for expansion.Slightly Mad Studios was founded ten years ago and has specialised in racing games ever since, developing the two Need for Speed Shift games for EA and then its own Project CARS franchise, which has so far yielded two games published by Namco. It is currently working on an "unnanounced Hollywood blockbuster title" which is very probably a Fast and Furious game.Read more
Codemasters now owns the Project CARS series and its developer Slightly Mad Studios.
Project CARS developer Slightly Mad Studios has officially been acquired by developer and publisher Codemasters, known for multiple racing franchises.