Did you know that 505 Games was owned by an Italian publisher called Digital Bros? Neither did I. Digital Bros has acquired Kunos Simulazioni, the independent studio behind racing simulation Assetto Corsa. Both companies are based in Italy and have previously worked together, with 505 Games publishing Assetto Corsa on Xbox One and PlayStation 4.
Digital Bros bought 100 percent of Kunos Simulazioni for €4.3 million ($4.6 million), with €2.6 million ($2.8 million) coming in cash and the rest in 150,000 shares of Digital Bros stock. The publisher hinted that a sequel for Assetto Corsa could be in the works.
"With this acquisition, Digital Bros Group intends to grow further as a game publisher and developer, capable of achieving success worldwide and of always being ready to satisfy the needs of an increasingly demanding public. The acquisition brings with it full control over intellectual property and the possibility for the Group to invest in future developments of new versions of Assetto Corsa," said the company in its press release.
Kunos Simulazioni co-founder Marco Massarutto took to Facebook to assure fans that things would not be changing for the studio.
"Kunos Simulazioni is part of Digital Bros Family, and me and Stefano by today are shareholders of Digital Bros. That's it," wrote Massarutto. "We are still the founders of Kunos, we are still in, also keeping our respective positions and responsibilities, with just few exceptions: the budget we'll manage by now doesn't come anymore from our personal profits, but from Digital Bros, our bigger [Assetto Corsa] fan."
"Therefore, before to scream in any direction that 'Kunos has been bought, The World is Over', please sit down, breath and think. Because the only news you should be interested is that by today, we have more resources, time and power to do our job, even better than before."