Singapore-based Virtuos has acquired Vietnam-based art production studio Glass Egg Digital Media.
As reported by GI.biz, the company is based in Ho Chi Minh and provides 2D and 3D art services. To date, he’s worked on characters like Demons Souls, Marvel’s Spider-Man, and Call of Duty: Modern Warfare.
No numbers have been placed on the deal, which sees Glass Egg rebranded as Glass Egg – a Virtuos studio. Currently, the art company has about 400 staff members, adding to the approximately 600 Virtuos employees in Vietnam. The company aims to increase this figure by 50% to reach 1,500 employees in the near future, and plans to open another studio in the country next month.
“We are delighted to welcome the Glass Egg team to the Virtuos family,” said Gilles Langourieux, CEO of Virtuos. “With its strong brand equity, coupled with its significant and long-term local operations, Glass Egg demonstrates excellent synergies with Virtuos, and we look forward to leveraging our combined expertise to reinforce our commitment to excellence.”
Glass Egg CEO Tran added, “We are honored to be part of an industry stalwart, Virtuos. It means our staff will have the opportunity to expand their skills and undertake a wider range of projects, which will also benefit our customers. With the support and resources of Virtuos, we are motivated to contribute significantly to the industry in its next phase of growth.”
Virtuos recently bought Kyiv-based Volmi Games and Montreal-based CounterPunch Studios after setting up a studio in Lyon.