Dauntless Studio Phoenix Labs Secures Investment To Buy Itself Out From Garena
Phoenix Labs has taken its first step towards emancipation after having secured an investment that has allowed the Dauntless developer to buy itself out from Garena, the game development and publishing division of Singapore-based internet company Sea Limited. Garena acquired Phoenix Labs in 2020 for $150 million following the extremely successful launch of its free-to-play monster-slaying game Dauntless which transitioned [...]
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