Dauntless studio Phoenix Labs acquired by Singapore-based games company Garena

    
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With 20 million players and multiple platforms under its belt, Dauntless is a hot property in the gaming world. So it should come as no surprise that Phoenix Labs announced that another company had successfully wooed it (with large sums of money, no doubt). The suitor in this case is Garena, a digital services company from Southeast Asia. The studio said that this acquisition will enable Dauntless to grow even more.

“To be clear: Garena has acquired Phoenix Labs,” the studio said in a tweet. “The support that we’re receiving from Garena will help Dauntless and Phoenix Labs reach new heights. The future has never been brighter! Once again, thank you all for your support over the last four years, and here’s to many more.”

Dauntless is preparing to launch its Aetherpunk campaign on January 30th: “More than a style, less than a movement, Aetherpunk rebels against an uncertain future by borrowing from the Shattered Isles’ distant past.”

Source: Dauntless, press release
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