D3P acquires Vicious Cycle
Wednesday, 20th June 2007 at 4:30 pm
First internal studio for US arm of Japanese publisher
American independent studio Vicious Cycle has been acquired by D3P, the US subsidiary of Japanes publisher D3.
Vicious previously produced Flushed Away and Dead Head Fred for D3P and also sells its own middleware, Vicious Engine.
Financial terms of the acquisition were not disclosed and little will change in the new ownership structure once Vicious becomes a D3P subsidiary - studio leaders Eric Peterson and Wayne Harvey will remain as president and vice president, respectively.
“Having worked with D3PA for the past few years, we know the company shares our passion for creative excellence and our commitment to quality,” said Peterson.
“We’re thrilled to become a part of D3PA and we look forward to contributing our creative talents to D3PA’s portfolio of innovative games."
Added Yoji Takenaka, executive vice president and chief operations officer, D3PA: “The addition of Vicious Cycle to D3PA marks our first acquistion of an internal developer and further strengthens our capabilities in delivering top quality games to the North American market. Vicious Cycle’s creative spirit and technical leadership are second to none and we’re thrilled to have them join D3PA."
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