[Acquisition] Sony Sells SOE to Columbus Nova – SOE Now an Independent Game Studio

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columbusnova-660x154Columbus Nova, an investment management firm based in New York, announced today that it has completed its acquisition of Sony Online Entertainment LLC (SOE), a recognized worldwide leader in massively multiplayer online (MMO) games and emergent gameplay.

Best known for its community-first approach, and blockbuster hits and franchises, including EverQuest, PlanetSide 2, DC Universe OnlineH1Z1, Landmark and the highly-anticipated EverQuest Next, SOE has developed compelling online entertainment for a variety of platforms since 1999.

With the completion of the transaction, SOE will now operate as an independent game development studio and will continue to focus on creating quality online games, providing excellent service to its extensive player base, while centering on its untapped potential as a multi-platform online gaming company. Along with the transaction, SOE will be rebranded and operate under the new name of Daybreak Game Company LLC ( www.DaybreakGameCompany.com.)

“Sony Online Entertainment, newly re-branded as Daybreak, is a great addition to our existing portfolio of technology, media and entertainment focused companies. We see tremendous opportunities for growth with the expansion of the company’s game portfolio through multi-platform offerings as well as an exciting portfolio of new quality games coming up, including the recently launched H1Z1 and the highly anticipated EverQuest Next to be released in the near future,” said Jason Epstein, Senior Partner of Columbus Nova. “The recent Early Access launch success of H1Z1 is just one testament to the talent and dedication of the studio’s developers to create great online gaming experiences.”

“We are excited to join Columbus Nova’s impressive roster of companies. They have a proven track record in similar and related industries and we are eager to move forward to see how we can push the boundaries of online gaming,” said John Smedley, President, Daybreak Game Company. “We will continue to focus on delivering exceptional games to players around the world, as well as bringing our portfolio to new platforms, fully embracing the multi-platform world in which we all live.”

About Columbus Nova

Founded in 2000, Columbus Nova is a multi-strategy investment firm managing over $15 billion of assets through its own funds and affiliated portfolio companies. Columbus Nova has a broad investment mandate and operates four distinct but complementary investment groups that invest in corporate credit, private equity, venture/growth equity and real estate.

The announcement was also posted on all game forums including the EverQuest II forums and H1Z1?s Reddit:

Dear Players, Partners and Friends,

Today, we are pleased to announce that we have been acquired by Columbus Nova, an investment management firm well known for its success with its existing portfolio of technology, media and entertainment focused companies. This means that effective immediately SOE will operate as an independent game development studio where we will continue to focus on creating exceptional online games for players around the world, and now as a multi-platform gaming company. Yes, that means PlayStation and Xbox, mobile and more!

As part of this transition, SOE will now become Daybreak Game Company. This name embodies who we are as an organization, and is a nod to the passion and dedication of our employees and players. It is also representative of our vision to approach each new day as an opportunity to move gaming forward.

So what exactly does this mean for you? It will be business as usual and all SOE games will continue on their current path of development and operation. In fact, we expect to have even more resources available to us as a result of this acquisition. It also means new exciting developments for our existing IP and games as we can now fully embrace the multi-platform world we are living in.

Our games and players are the heart and soul of our organization, and we are committed to maintaining our portfolio of online games and pushing the limits of where we can take online gaming together.

Thank you for your continued support. See you in game!

The Team at Daybreak

Also confirmed on the forums by one of the Mods/GMs, there will be no yearly fan gathering this year due to this news. So all the fans that went to these gatherings every year are saddened by this news!
Tiffany
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