PTW Acquires Ghostpunch Games
Global games service provider PTW expands its co-development and AI capabilities with the acquisition of Ghostpunch Games. The acquisition amounts to 13 million US Dollars, or almost 11.7 million Euros.
Games services company PTW has announced its intention to acquire the assets and business of Ghostpunch Games, an independent game development studio based in South Florida. The all-cash transaction is expected to close in early September. "I'm thrilled to announce that Ghostpunch Games and their amazing roster of talent will be joining the PTW family," said Deborah Kirkham, Chief Executive Officer of PTW. "Ghostpunch is a highly respected development partner for numerous top-tier AAA studios, boasting a remarkable retainment rate of over 90%. This impressive reputation as a standout studio of talent fully aligns with PTW's ongoing mission to deliver exceptional development services to its partners around the world."