Italian publisher Digital Bros has acquired Kunos Simulazioni, the studio behind popular racing sim Assetto Corsa, in a deal worth €4,342,500 in cash and stock.
Digital Bros now own 100% of the company, paying €2.75m in cash and an additional €1.59m in shares. The two Italian companies have a strong relationship already due to Assetto Corsa, which was published on the console by a Digital Bros subsidiary, 505 Games. The console launch was somewhat less warmly received than the PC edition, which was self publish
In a statement, the company said: "With this acquisition, Digital Bros Group intends to grow further as a game publisher and developer, capable of achieving success worldwide and of always being ready to satisfy the needs of an increasingly demanding public." They also discussed the possibility of further games using the Assetto Corsa license.
Kunos Simulazioni's Marco Massarutto has said in a post on Facebook that both he and Stefano Casillo, the company's co-founder, will be staying at the company, and suggested to fans that the company would be on the same course, with many things at the company staying the same.
Read the full article here by Develop Feed