nDreams is closing two studios as a part of its ongoing restructuring program, bringing some staff into its new ‘Compass’ studio.
Following final September’s information that the UK writer would lay off workers in a brand new restructuring program, nDreams introduced that two of its inner studios have now shut down: nDreams Studio Orbital and nDreams Studio. Chatting with Sport Developer, the writer confirmed that 40 members throughout each groups have shaped a brand new workforce, Compass, whereas the remaining workers had been laid off.
“As a part of the strategic refocus that we introduced in September, we regrettably misplaced gifted members of our groups and in addition altered our multi-studio improvement construction,
“This sadly meant closing nDreams Studio Orbital and meant that nDreams Studio couldn’t proceed in its present type. Each groups did good work and many individuals from these affected studios have been retained inside nDreams’ new look construction, with a number of of these forming a part of the brand new Compass studio.”
Compass is being led by former EA and Activision producer Callum Godfrey, and the 40-person workforce goals to focus on VR’s youthful viewers by “quickly prototyping video games.” Sport Developer’s report states the studio will undertake a “democratic strategy” to improvement, one that permits anybody on the Compass workforce to pitch new recreation ideas.
Latest years have seen nDreams regularly increase to 4 separate groups, alongside establishing a third-party publishing program. Whereas nDreams Studio most lately delivered Synapse, the Orbital workforce targeted on dwell service and free-to-play VR video games. As for the 2 unaffected studios, Elevation focuses on AAA gaming, and Close to Mild launched FRENZIES in early entry final October.
That growth was later adopted by Swedish group Aonic buying nDreams in late 2023, who bought the studio for $110 million following a prior $35 million funding in March 2022. On the time, CEO Patrick O’Luanaigh suggested that the studio’s “core focus will stay unchanged.”
Aonic Group Acquires nDreams For $110 Million
nDreams has been acquired by Aonic Group for $110 million.
