According some of the recent reports, Sony Corp. has sold its prized Sony Online Entertainment company to New York-based investment firm Columbus Nova for an unknown amount. The financial details of the deal are still unknown. However, the new owner brought some significant changes to it after the acquisition. SOE, which is an Internet company, […]
According some of the recent reports, Sony Corp. has sold its prized Sony Online Entertainment company to New York-based investment firm Columbus Nova for an unknown amount. The financial details of the deal are still unknown. However, the new owner brought some significant changes to it after the acquisition. SOE, which is an Internet company, has been renamed as Daybreak Game Company by the Columbus Nova.
However, the company has not disturbed any of the gaming soul by keeping all the titles intact and undisturbed. The company promised about keeping the titles safe and sound for as long as they can, and the big news came out when Columbus Nova announced that they are working on to bring the latest version of the EverQuest Next. EverQuest is apparently one of the famous games and is no different than the World of Warcraft title on the popularity scale.
“All of our games are still here and will continue to be,” Daybreak president John Smedley wrote on Twitter.
The SOE came into existence in the year 1990, and Columbus Nova was co-founded in the year 2000. Since then Columbus Nova has played a significant role in establishing grounds for most of the games that went famous on the mobile and PlayStation platform. It is the one that has always stayed behind the curtains.
“We determined it was in the best interest of both entities to allow the studio to realize its full potential as a multi-platform online gaming company,” Sousuke Kamei, a spokesman at Sony’s Tokyo headquarters, said via email.
“The environment surrounding the game industry is always challenging, and we are doing a review of our business on a regular basis. As part of it, we decided to sell SOE for strengthening the overall business quality in order to increase higher profitability,” Kamei said.
Company has a total asset of nearly $15 billion in its own funds and affiliated portfolio companies.
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