The Swedish Company EG7 has purchased Daybreak Games (formerly Sony Online Entertainment) for $300 Million.
Daybreak is mostly know for owning and running Everquest 1 & 2, Planetside 2, and DC Universe Online.
Daybreak also own a number of smaller studios, most notably Standing Stone Games, who runs Dungeon’s and Dragon’s Online and the Lord of the Rings Online.
The press release states that Daybreak owner Jason Epstein will own 10% of outstanding shares and votes in EG7 and current Daybreak shareholders will get approximately 3%.
On behalf of the Daybreak team, we are elated to be joining the EG7 family. The combined companies are strategically positioned to expand Daybreak’s unique and iconic portfolio of live games and will help amplify our passion for making great games for our communities. As a long-term shareholder and prospective Board member, I look forward to working closely with management to expand the company’s footprint by identifying opportunities that fit the successful growth plan executed by EG7 over the past few years
The acquisition will have no impact in the development of LOTRO or DDO according to a post on the official LOTRO forums