Gamigo's Parent Company Media And Games Invest Has Purchased 8% Of Enad Global 7 Shares

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Media and Games Invest Group, Gamigo’s parent company, have bought 8% of Enad Global 7, the company that now owns Daybreak Games. The purchase makes MGI the second largest shareholder of EG7 which, according to the former, gives them a strategic minority position in the company. Meanwhile, both MGI and EG7 have both been in the spotlight recently with Daybreak’s [...]

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Enad Global 7 Gets Full Ownership Of Daybreak Games For $300M

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Enad Global 7 continues to gobble up development studios as they announce their full acquisition of Daybreak Game Company (formerly Sony Online Entertainment) to the tune of $300 million. Daybreak owns a number of smaller studios and sub-studios and have a number of popular MMOs under their belot including EverQuest, EverQuest 2, PlanetSide 2, and DC Online Universe. According to [...]

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EverQuest

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EverQuest is a 3D fantasy MMORPG set in the expansive world of Norrath, and is one of the oldest MMORPGs still active. Choose from sixteen races and sixteen classes to embark on a journey across a medieval landscape, with over 500 zones to explore and innumerable raids to conquer with other players. Publisher: Daybreak Game Company Playerbase: Low Type: MMORPG [...]

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Daybreak Games Receives Investment From NantWorks to Develop Mobile H1Z1 and EverQuest

It's been a busy week in financial and industry news and to make it even busier Daybreak announced today that it received a strategic investment from NantWorks to develop H1Z1 and EverQuest for mobile. “NantWorks, a diversified holding company, today announced that it has made a strategic investment in Daybreak Game Company, a leading developer and publisher of multiplayer online [...]

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Daybreak Confirms Layoffs; Denies Affiliation With US-Sanctioned Columbus Nova

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Daybreak Game Company has been hit hard with a round of layoffs affecting around 70 employees. Speculations later arose that the layoffs were due to the US Department of Treasury freezing assets of Russian oligarchs. Among those affected by the sanctions were Russian conglomerate Renova Group and its subsidiary Columbus Nova, which, just so happens to be the parent company [...]

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