LittleBigPlanet 3 and Forza Horizon 2 (for Xbox 360) developer Sumo Digital announced today through a press release that the current management team has completed an MBO (Management Buyout, meaning that the managers purchased the company and its assets from their former owners) backed by the British private equity firm NorthEdge Capital.
Recent evidence we discovered indicates that the next game in the Just Cause series may have been canceled, potentially two years ago.
CFIUS needs to greenlight Tencent's buying Sumo Digital due to concerns of national security, Sumo and Tencent agree to work together to ensure the deal comes through
I really hope the American security panel puts a stop to this game company being sold to Tencent.
Tencent in my opinion has too many ties to the Chinese Communist Party and giving them control of Sumo Digital makes no sense to me.
From GI.biz: "Highly regarded UK industry veteran Ian Richardson has died suddenly aged 53.
Richardson has spent over 30 years working in video games, including senior roles at Gremlin, Ocean, Europress and Rage during the 1990s. He's best known today for his work as business development director for Sumo Digital, where he has spent six years in which the developer has grown exponentially."
May he RIP. My condolences to his loved ones. Way too young to leave us.
Lately..it seems some folks are not making it past their 40s & 50s. Sudden death is the worst,possibly a heart attack. May he r.i.p. Condolences to his family & friends.
Good for them, they must really believe in their company to do that. LBP looks great, good luck to you Sumo.
Interesting, hope to see what they have for the new consoles, especially for the Xbox One.
Edit:
"..and Forza Horizon 2 (for Xbox 360)"
And for Xbox 360.
:)
mmmmmm, those tasty disagrees... I wonder what i said?
I absolutely can't wait for LBP3, very exited!