Sony Online Entertainment is Sold and Going Multi-platform

Almost twenty years after its founding, Sony Online Entertainment is no longer under the Sony banner. The company, now named “Daybreak Game Company LLC,” was reportedly sold and acquired by Columbus Nova, an investment firm in New York.

The company was responsible for publishing such games as DC Universe Online, Free RealmsStar Wars: Galaxies, Everquest, and Planetside series among others.

Company president John Smedley remains at the helm, and has shared enthusiasm for the publisher’s new multi-platform approach.

“I can’t wait to make Xbox One games,” he said on Twitter. In a separate, prepared statement, he says that the company’s existing portfolio will make its way to other platforms.

Columbus Nova’s investments include a number of technology companies, including the Rhapsody subscription music service, analytics, and data companies. According to data on the company, Daybreak is its first pure gaming acquisition.

In spite of its rampant success in the gaming scene, Sony’s downward slide in virtually every one of their departments – particularly their computer hardware and mobile divisions – have led to over $1.25 billion in losses in the last fiscal year. It’s unknown how much SOE was sold for, but gamers can apparently expect more games on more systems to come.

 

Via John Smedley on Reddit & @j_smedley on Twitter

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