Rockstar Buys Indian Gaming Studio for $7.9 million

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Published by Digz 1 year ago , last updated 1 year ago

Due to financial constraints highlighted earlier it seems as though Starbreeze is looking into removing assets a lot quicker than expected with the sale of one of its art production studios Dhruva Interactive for $7.9 million to Rockstar, makers of the Grand Theft Auto series. Dhruva Interactive worked on some very high profile games like Halo and of course Payday2.

Dhruva Interactive was bought by Starbreeze for $8.5 million, so a net loss for Starbreeze, but certainly some most welcome cash in the bank to see them through some of this year at least. For what Rockstar is paying it will get around 92% of the shares in Dhruva Interactive and it should be all resolved with the legal bits done too later in the year.

Daniel Smith, Stuido Manager of Rockstar India said of the deal:

The addition of the Dhruva team to the existing talent at Rockstar India will expand the studio’s capabilities and reinforces our belief in and commitment to the local development community. 

Seems to be a steal for Rockstar, let's hope it gives Starbreeze the cash that it needs to continue on trading for the foreseeable future.

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