Codemasters acquires Project Cars developer Slightly Mad Studios
British developer-publisher Codemasters has purchased Project Cars developer Slightly Mad Studios for a reported $30 million. The deal will see Codemasters, which already has a portfolio full of racing franchises such as Dirt, Grid, and Formula 1, hand over $25 million in cash and $5 million in stock.Slightly Mad CEO and founder Ian Bell will continue to lead the studio under the Codemasters umbrella, while the entire dev team will also be kept on.
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