FoxNext Games has acquired game developer Cold Iron Studios, which specializes in massively multiplayer online games and is developing a shooter title set in the “Alien” cinematic universe for consoles and PCs. Terms of the deal aren’t being disclosed.
FoxNext Games, part of 21st Century Fox, is acquiring Cold Iron from games publisher Perfect World Entertainment. The deal builds on FoxNext’s deal last summer to buy Aftershock, the games studio spun off from Kabam.
Aftershock is developing a game based on Cameron’s “Avatar” and the free-to-play “Marvel Strike Force” mobile fighting game set for 2018 release. 21st Century Fox formed FoxNext a year ago.
The FoxNext division would go to Disney under the proposed $52 billion deal between Disney and 21st Century Fox for major assets including 20th Century Fox. Cold Iron Studios was founded in 2015 by three game-industry veterans: CEO Craig Zinkievich, chief technology officer Shannon Posniewski and creative director Matt Highison.
The founders, along with the rest of Cold Iron’s 25 employees, are all joining FoxNext Games. The studio will remain based in San Jose, Calif. Read more from variety.com…
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