Sega Acquires Spiral Knights Developer

Three Rings CEO: “Opens a new chapter for the studio” Today, the CEO of Spiral Knights developer Three Rings, Daniel James, announced the studio was acquired by Sega Holdings USA,...

Three Rings CEO: “Opens a new chapter for the studio”

Today, the CEO of Spiral Knights developer Three Rings, Daniel James, announced the studio was acquired by Sega Holdings USA, which is part of the Sega Sammy Holdings conglomerate.

“Three Rings will continue to operate as a self-contained development studio inside the SEGA family and will continue to be managed by myself and my colleague Tom Schofield,” James said in a statement released today on the Three Rings website.  “Our talented crew are excited to be joining SEGA; we all foresee years of great collaborations ahead.”

James assured fans that no development or service interruptions will result from this acquisition.

“Today brings to a close a ten year journey as an independent developer, and opens a new chapter for the studio as a part of the SEGA family,” James said.  “Today’s events secure our ability to keep doing what we love; making games and bringing them to life.”

As of this article’s publication, SGAMY stock on the pink sheets is trading down a bit more than 1 percent on the news, at $5.08 a share.  Thanks to AugieD who tipped us to this on Twitter.

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