Following the success of their open-world game Crimson Desert, Pearl Abyss has stated their company’s strategic priorities have shifted greatly, and they’ve just sold CCP Games back to CEO Hilmar Veigar Pétursso.
Crimson Desert Boss Says Multiplayer Requires Graphical Sacrifices
Pearl Abyss CEO addresses Crimson Desert co-op and Switch 2 port.
CCP Games, the studio behind space survival games EVE Online, and EVE Frontier, was acquired by Pearl Abyss in 2018 for $225 million in cash, and $200 million worth of performance-related payouts, but the rapid evolution of the gaming industry has led the Crimson Desert studio to reevaluate their investments.
Pearl Abyss Sells CCP Games Eight Years After Acquiring It
Pearl Abyss has reportedly sold CCP for $100 million in cash, and $20 million worth of token acquisition rights, which at first glance, seems like a terrible return on investment, but the finer details revolving around the token part of the deal aren’t clear.
The token acquisition rights included in the deal are reportedly referring to the EVE Frontier in-game currency called EVE Tokens ($EVE), and CCP Games says these “utility tokens” will fuel the player-driven economy for decades to come.
With the news of this sale and the success of Crimson Desert, it’s likely that Pearl Abyss is padding their pockets to fuel the development of some brand-new games.
Although the investment made sense at the time, Pearl Abyss says that “after exploring various mid-to-long-term growth strategies, we concluded that selling the company to its current management is in the best interest of both parties’ futures.”
The two companies are reportedly still open to collaboration in the future, but CCP is currently finalizing the change in ownership. Pearl Abyss explains that, “While the acquisition was a sound strategic decision at the time to secure global IP and diversify our portfolio, the global gaming business environment and our company’s strategic priorities have shifted significantly since then.”
It’s likely that Pearl Abyss is padding their pockets to fuel the development of some brand-new games.
After selling over five million copies of Crimson Desert in a single month, and then selling CCP, Pearl Abyss will undoubtedly be looking to keep the momentum going and use their resources to develop more breakout titles.
Pearl Abyss Stunned as Crimson Desert Player Earns Platinum in 56 Hour Sessions
Sleep is for the weak, at least if you want to platinum Crimson Desert in less than three weeks.
- Security Camera Installation – indoor/outdoor IP CCTV systems & video analytics
- Access Control Installation – key card, fob, biometric & cloud‑based door entry
- Business Security Systems – integrated alarms, surveillance & access control
- Structured Cabling Services – voice, data & fiber infrastructure for new or existing builds
- Video Monitoring Services – 24/7 remote surveillance and analytics monitoring
Author: 360 Technology Group
