The acquisition will help 24 Bit Games grow its development team and proprietary technology toolkits for its client base and future new projects, while its current employees and leadership will continue to operate the business as usual under the Annapurna umbrella. Together, the companies will continue to commit to 24 Bit’s ongoing advancement and support of the South African game development industry.

“Annapurna has been working with 24 Bit for many years, and we value not only the caliber of their work, but their team as well,” said Deborah Mars, Co-Head, Annapurna Interactive. “They’ve always shared our commitment to quality, and by taking our partnership to the next level we feel like anything is possible.” 

24 Bit Games’ portfolio includes projects that range from porting to co-development to tool production for independent and AAA studios, across platforms such as mobile, PC, VR, and consoles. The company’s client list includes a broad range of publishers, developers, media companies, and tech platforms.

“We deeply respect Annapurna’s approach to curating a portfolio of great games, its value system around building and extending IP, as well as the company culture,” said Luke Lamothe, CEO of 24 Bit Games. “We have truly enjoyed working together over the years, and we believe we are joining Annapurna at an exciting moment of growth and expansion.“

24 Bit Games is the first company acquired by Annapurna, and together the companies are committed to continue to foster game development opportunities in South Africa.

Annapurna works with game creators around the world to develop and release personal experiences for everyone. They recently released the story-driven adventure game THIRSTY SUITORS on November 2. Their award winning portfolio includes STRAY, COCOON, OUTER WILDS and NEON WHITE, to name a few.