Monday, September 21, 2020
Home Games Riot Games Acquires Hytale Developr Hypixel Studios

Riot Games Acquires Hytale Developr Hypixel Studios

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Riot Games, the game developer and publisher known for League of Legends and new first-person shooter Valorant, has acquired Hypixel Studios. Founded in 2018 with support from an advisory group of angel investors, including Riot Games, Hypixel Studios is currently developing Hytale, a community-powered block game that combines the scope of a creative sandbox with the depth of a roleplaying game.

The acquisition follows a monumental launch for Hypixel Studios that began with the announcement of its debut title, Hytale, which has amassed over 2.5 million sign-ups for its beta and millions of views on YouTube for its trailer. In November, Hypixel Studios announced that it is planning for Hytale to be playable by everyone in 2021.

“We’ve known the team behind Hypixel Studios for several years, and from the start they’ve been the kind of visionaries that we aspire to support; a passionate studio committed to delivering a groundbreaking, genre-defining experience for players,” said Dylan Jadeja, President of Riot Games.

“Over the last 18 months, we’ve been fortunate to advise Hypixel Studios as they build toward their vision for evolving a game genre that reaches an incredibly diverse range of players around the globe. Now, as they prepare to enter the next chapter, we’re thrilled to take our partnership to the next level through this acquisition.

Hytale Video Game

He added: ‘We look forward to supporting Hypixel Studios’ journey through the development process, helping them grow, and learning from them as well.”

“We’ve been blown away by players’ response to Hytale, and Riot is the right partner to help us deliver a game that can live up to players’ expectations,” said Aaron ‘Noxy’ Donaghey, the newly appointed CEO of Hypixel Studios.

“Since our first meetings with Riot leadership long before their initial investment, we’ve found in Riot a partner with a similar commitment to empowering players. As development kicks into high gear, we’ll benefit from Riot’s resources, expertise, and experience while maintaining the operational independence that has enabled our success so far.”

This acquisition represents the expansion of a long-standing relationship, with Hypixel Studios gaining access to Riot Games’ experience in developing and publishing acclaimed, player-focused games.

“Our investment criteria is ultimately pretty simple: we look for authentic game makers striving to improve player experience,” said Brian Cho, Head of Corporate and Business Development at Riot Games.

“When we led the investment in the Hypixel Studios team two years ago, we saw a group deeply immersed in existing block games who believed that the genre could better serve its community. This acquisition will bring our collaborative efforts with Noxy and the Hypixel team even closer together, and we can’t wait to see how their work continues to evolve.”

“Riot’s been an important partner from the start and this is a natural next step in our relationship,” said Simon Collins-Laflamme, Co-founder of Hypixel Studios. “It’ll help the studio take another leap forward in our journey from mod team to professional developers, and allows the team to realize our vision for Hytale.”

Hypixel Studios will retain its current structure while also establishing a permanent office in Derry~Londonderry, Northern Ireland. The new office will act as a base for back-office functions and quality assurance. Hypixel Studios is hiring 20 new positions in these areas, with further growth expected as the development of Hytale progresses.

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Mirko Parlevliethttp://VitalThrills.com
Mirko Parlevliet has been reporting on the entertainment industry since 1998 and founded VitalThrills.com to cover movie, TV, video game, music, and theme park news.

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