Virtuos has acquired Vietnam-based 3D and 2D artwork manufacturing studio Glass Egg for an undisclosed payment.
The worldwide improvement firm mentioned the acquisition will “considerably bolster” its artwork manufacturing and sport improvement capabilities.
Glass Egg at present staff over 400 employees at its base in Ho Chi Minh Metropolis and has contributed to notable triple-A initiatives together with Marvel’s Spider-Man, Jurassic World Evolution, and Name of Obligation: Trendy Warfare.
“We’re excited to convey the Glass Egg workforce on board the Virtuos household. With its sturdy model fairness, coupled with its sizeable and long-term native operations, Glass Egg demonstrates wonderful synergies with Virtuos, and we stay up for harnessing our mixed experience to strengthen our dedication to excellence,” mentioned Gilles Langourieux, CEO at Virtuos.
Submit-acquisition, Glass Egg can be rebranded as “Glass Egg – A Virtuos Studio” however will proceed to function independently underneath the identical administration workforce.
Virtuos already has a presence in Vietnam, with the corporate having bought French-Vietnamese artwork studio Sparx in 2011. Like Glass Egg, Sparx can also be based mostly in Ho Chi Minh Metropolis.
The corporate now intends to open one other studio within the area in June 2022, rising its variety of native staff to 1500 to turn into the biggest sport improvement operation in Vietnam.
Earlier this 12 months, Virtuos secured $150 million to speed up its progress plans by executing a worldwide “buy-and-build technique.”