This means a bigger budget for Hytale, more security for our team, and advisory support from a company that knows how to launch and operate successful, long-running games,” said Hypixel Studios co-founder Simon Collins-Laflamme in a letter posted on the company’s website. “We’ll continue to operate in the same way as we have before, but Riot will become our parent company and we’ll gain access to their expertise and resources. Hypixel, however, will retain its current structure, but will establish a permanent office in Londonderry, Northern Ireland, as it continues to work on Hytale. Now, as they prepare to enter the next chapter, we’re thrilled to take our partnership to the next level through this acquisition,” said Riot Games President Dylan Jadeja in the release that announced the transaction. “Over the last 18 months, we’ve been fortunate to advise Hypixel Studios as they build toward their vision for evolving a game genre that reaches an incredibly diverse range of players around the globe. Riot Games, which was one of the investors of Hypixel when it was formed in 2018, closed the purchase for an undisclosed amount. League of Legends developer Riot Games continues to expand its horizons with the acquisition of Hypixel Studios, which is behind upcoming sandbox RPG Hytale.
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