Racing giant Codemasters buys Slightly Mad Studios for $30 million
Racing sim giant Codemasters have purchased 'Project Cars' developer Slightly Mad Studios for a whopping $30 million.
This surprising news received mixed reactions from racing fans across the globe, some say that it is a great opportunity for the small firm to grow while others say that it could undo the progress that Slightly Mad Studios have made in their recent releases.
Here's what Slightly Mad Studios had to say:
Who is Slightly Mad Studios?
Slightly Mad Studios is a British developer that is based in London. The company was founded in 2009 when they acquired the business and assets of Blimey! Games.
Some notable games you might know these guys for are: Need For Speed: Shift (this was their first release as a company in September 2009), Project Cars, which is their most successful release to date, and Test Drive: Ferrari Racing Legends.
Slightly Mad Studios aren't strangers to huge numbers because within one month of release, Project CARS had sold more than one million copies. That is insane considering that this whole game was funded by the community and the game developers at Slightly Mad Studios.
In late 2017, Slightly Mad Studios published a sequel to their renowned racing sim, aptly named Project CARS 2. This game featured cars from over 38 different manufacturers, 182 cars and a mind blowing 46 tracks.
At the beginning of 2019, CEO and founder of Slightly Mad Studios, Ian Bell, announced that Slightly Mad Studios were working on a brand new console which would be capable of running games in 4K and in 120 FPS. Bell stated in a tweet that this would be "the most powerful console ever built".
This is just one of many reasons to why Codemasters have stepped in to acquire the ambitious company.
Who is Codemasters and why have they bothered buying Slightly Mad Studios?
Codemasters is also a British company but they are based in Southam, around 90 miles north of London. These guys are infamous for their Formula One games which have fuelled dreams of wannabe F1 drivers across the globe.
Their latest instalment, F1 2019, has been used for the official F1 eSports championship.
The firm is known as one of the oldest British game studios, dating back to 1986 and in 2005 was named the best independent video game developer by magazine Develop.
But why have they bought Slightly Mad Studios? This question is answered when you look at the racing sims produced by Codemasters such as the Colin McRae Rally series, the F1 series, the Micro Machines series and the Dirt series.
Some fans are sceptical of the new owners as they fear the realism that was perfected in Project CARS 2 would be diminished to arcade style games like Grid.
What next for Slightly Mad Studios and Codemasters?
The 150 members of staff from Slightly Mad Studios will be joining the personnel at Codemasters to create a workforce of over 850 members of staff.
The question if whether the 'Mad Box' console will be put into development is down to the clever heads at Codemasters and Slightly Mad Studios.
The two British firms will carry on working on Project Cars 3, Project Cars Go and a game that is rumoured to be a part of the 'Fast and Furious' franchise as Slightly Mad Studios agreed on a licencing deal after the release of Project CARS 2 in late 2017.