Jordan Bevan
Riot Games, US-based game developer behind the popular titles League of Legends and Valorant, announced on Monday that it has completed the acquisition of Wargaming Sydney and renamed it ‘’Riot Sydney’’.
The company said in a press release that the acquisition of Wargaming Sydney, one of the largest development studios in Australia, will support the development of its live games and also reach its goal to boost the game industry in the country over time.
“We are really excited to bring these talented developers and teams to Riot,” said Marc Merrill, Co-Founder and President of Riot Games. “The Rioters that have had the opportunity to work with members of the Sydney team are confident not only in the tech they’ve built over the years but, more importantly, in the people who’ve built it. Naz (Naresh Hirani, Head of Development, Riot Sydney) and the dev teams at the studio have a long history of working in ways that will complement Riot’s ability to deliver value to our players and we really look forward to collaborating with them.”
Wargaming Sydney started its journey as ‘’BigWorld’’ in 2002 and was acquired by Cyprus-based video game company Wargaming in 2012 for $45 million. The studio has contributed to a number of well-known games that are accessible on consoles and PC, including World of Tanks, World of Worships, and many more.
While its development team has now joined the newly formed Riot Sydney, its publishing team will continue operating under Wargaming.
“Being part of Wargaming has been a phenomenal journey for us over the last 10 years, and it’s helped our studio grow and thrive,” said Naresh Hirani. “We were really impressed by the cultural fit we’ve experienced in our dealings with everyone at Riot, and we can’t wait to bring our expertise in global development to the respective teams. I know I speak for the whole team when I say how excited we all are to become part of Riot and help deliver amazing experiences to players.”
Earlier this year, Riot Games also made an equity investment in Paris-based animation studio Fortiche Production.
In addition, the company announced in June that its popular titles such as League of Legends, Legends of Runeterra and Valorant, will be made available to Xbox Game Pass subscribers this winter.
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