Gas Powered Games, the company behind hits like Dungeon Siege and Supreme Commander, has been in real financial trouble recently, especially following on from the failed - and cancelled early - Kickstarter for Wildman. Now though, it seems the future of GPG is secured somewhat, as Wargaming, the developer behind World of Tanks, has announced that it has purchased the studio.
A lot of GPG staff were laid off recently and it's not been made clear whether they will be re-hired at Wargaming, but we do know that studio founder Chris Taylor will remain on as the lead for any upcoming projects.
"Gas Powered Games' heritage and development pedigree shows us just how valuable an addition Chris and his company will make to the Wargaming family," said Wargaming lead, Victor Kislyi. "Gas Powered Games has a long track record of providing incredibly engaging AAA gaming experiences and we can't wait to start working with them."
"Wargaming's growth in recent years has been tremendous, and we're looking forward to joining one of the fastest growing gaming companies in the world," added Taylor.
As reported by GamesIndustry, Wargaming has been buying up lots of companies in recent months, last year picking up console developer Day One Studios for $20 million and the company behind the engine used in World of Tanks, Big World - on which it spent $45 million. It's not known at this time what GPG went for.
So are you guys happy about this? I enjoyed a good game of Dungeon Siege back in the day, but Demigod, Supreme Commander 2, none of the studio's recent titles really did it for me.