Following the sale of CCP Games from Pearl Abyss for $120 million in cash and non-cash elements, the Icelandic studio known mainly for the MMORPG EVE Online announced that it is rebranding and will be called Fenris Creations henceforth. The split was the result of a joint strategic review between the two parties, who mutually concluded that independent ownership was the better fit, citing "broader differences in operating context, current strategic focus, and long-term priorities". The new ownership group comprises Fenris Creations' senior management and long-term investors, including Omega Ventures co-founder Birgir Már Ragnarsson, who takes over as Board Chairman. CEO Hilmar Veigar Pétursson confirmed there will be no […]

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