Pearl Abyss sells CCP back to its CEO for less than half the purchase price

Hilmar Veigar Pétursson stands outside the CCP Games office in Reykjavik, Iceland, discussing the recent sale of the company back to him by Pearl Abyss.

The deal is reported to be valued at less than half of Pearl Abyss’s original investment, with an additional $20 million in cryptocurrency included in the transaction. This move has raised questions about the financial health of CCP Games and the strategic direction of Pearl Abyss, especially given the challenges faced by the gaming industry … Read more

Eve Online developer leaves Pearl Abyss to partner with Google DeepMind

A group of industry analysts discusses the implications of the Eve Online developer's departure from Pearl Abyss and their new partnership with Google DeepMind during a conference.

The developer has established a research partnership with Google DeepMind, focusing on integrating advanced artificial intelligence technologies into gaming. This collaboration aims to enhance player experiences and create more dynamic in-game environments, potentially setting a new standard for interactive entertainment. For more on the influence of AI in the gaming sector, check out PlayStation’s AI … Read more

Crimson Desert developers receive bonus for sales milestone

Developers of Crimson Desert celebrate their achievement of selling 5 million copies with a bonus announcement from Pearl Abyss.

The announcement was made by the game’s publisher, Pearl Abyss, on October 15, 2023, underscoring the developers’ hard work and dedication to creating a captivating gaming experience. The bonus reflects the company’s commitment to recognizing the efforts of its team, especially in achieving such a significant sales figure. For more information on similar milestones in … Read more

Crimson Desert goes gold and announces March release date

A group of excited gamers gathers around a large screen displaying the vibrant landscapes and characters of Crimson Desert during a promotional event celebrating its upcoming release.

The announcement comes as excitement builds among gamers and industry analysts alike, as the title promises to deliver a visually stunning experience set in a vast, immersive world. With its release date locked in for March 1, 2024, fans can now look forward to exploring the richly crafted landscapes and engaging narratives that the game … Read more