Relic says it will continue to support its existing games after being sold by Sega
With an external investor, Relic will become an independently-run studio
Relic Entertainment has said it will continue supporting its existing games following the news that it’s to be sold by current owner Sega.
On Thursday, Sega announced it’s selling Vancouver, Canada-based Relic, which specialises in real-time strategy games including the Company of Heroes, Age of Empires and Homeworld series.
The Japanese company said it was selling Relic to a holding company to be newly established by the UK investment firm Emona Capital LLP, but that further details weren’t being disclosed at the transferee’s request.
In its own statement, Relic said: “With an external investor, Relic Entertainment will become an independently-run development studio. This is a huge change for us, but one thing does not change: we want to create amazing experiences for our players.
“To our fans, we want to assure you we will continue to support our titles, including Company of Heroes 3 – we are looking forward to the 1.6 Update in April, loaded with new content and features requested by our community.
“We want to thank Sega, whose support over the years and guidance during this transition have been instrumental to our success. We may be out of the Sega business, but we remain friends and colleagues.
“We are excited about this next chapter for Relic, and we hope you will all join us in creating new experiences for our fans worldwide.”
Sega Europe laid off 121 employees at Relic last May, shortly before the studio’s most recent game, Company of Heroes 3, made the jump from PC to consoles.
Further reading
Sega is selling Relic Entertainment and cutting 240 jobs in Europe
The sale of Relic comes as part of wider restructuring announced by Sega on Thursday.
The company is also laying off 240 staff, with the majority of the job cuts being made at Creative Assembly and Sega Europe, and a smaller number being cut at Sega Hardlight, all three of which are based in the UK.
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