H1Z1 Studio Daybreak Games Acquired For $300 Million

Daybreak Games--the developer of H1Z1, Planetside 2, and EverQuest--separated from parent company Sony a few years ago after having operated as Sony Online Entertainment. However, its days of independence were short-lived. The studio has now been acquired by Enad Global 7 for $300 million.

Announced by Enad Global 7 (EG7) on December 1, the deal sees the company acquiring 100% of Daybreak's shares.

"On behalf of the Daybreak team, we are elated to be joining the EG7 family," said Daybreak executive chairman Jason Epstein. "The combined companies are strategically positioned to expand Daybreak's unique and iconic portfolio of live games and will help amplify our passion for making great games for our communities."