Report: Ex-Annapurna Staff to Take Over Private Division Portfolio - News
by William D'Angelo , posted on 07 January 2025 / 936 Views
Former employees at Annapurna Interactive, which resigned last summer, are taking over games and franchises owned by Private Division, according to people familiar with the deal who spoke with Bloomberg.
Take-Two Interactive sold Private Division for an undisclosed price to an unnamed buyer, however, sources claim it was a private equity firm Haveli Investments.
The sources stated Haveli Investments struck a deal with the former Annapurna Interactive employees in recent weeks and will be funding the new company and will place them in charge of distributing the former Private Division titles.
The new company will be taking over Tales of the Shire, the Kerbal Space Program series, an unannounced title from Game Freak, and more.
Private Division had around 20 employees when it was acquired by Haveli Investments and some of them will be laid off with the new arrangements, according to the sources. The specifics have yet to be finalized.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
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