Perfect World Acquires Star Trek Online Creator Cryptic Studios

As reported here on TrekNews, Atari recently announced they would be selling off Star Trek Online creator, Cryptic Studios. Today brings news that Chinese gaming company, Perfect World has acquired Cryptic for $50.3 million.

Regarding the purchase, Perfect World’s Michael Chi said “We are very pleased to sign the agreement to acquire Cryptic Studios. This strategic acquisition will add attractive game titles to our portfolio, which will help us further penetrate into the U.S. and global online game markets. More importantly, Cryptic Studios’ highly reputable development team and its technology platform will further strengthen our well-established R&D capabilities. We deem this as another noteworthy achievement of our global expansion efforts.”

We’ll keep you updated with future developments on this story and most importantly how it will affect Star Trek Online.

[Source: Euro Investor]