We can only imagine how rough things have been for Gas Powered Games over the last several months. Following the failed Wildman Kickstarter, the studio had to layoff quite a few of its staff. The Gas Powered Games name does live on though, now that World of Tanks developer Wargaming.net has bought them up.

The Belarusian company doesn't want to reveal how much they bought Gas Powered for, but expressed confidence in the studio's ability to help them grow. Wargaming.net's Victor Kislyi remarked:

"Gas Powered Games' heritage and development pedigree shows us just how valuable an addition Chris and his company will make to the Wargaming family. Gas Powered Games has a long track record of providing incredibly engaging AAA gaming experiences and we can't wait to start working with them."

Gas Powered Games CEO Chris Taylor will be staying on board. He comments:

"Wargaming's growth in recent years has been tremendous, and we're looking forward to joining one of the fastest growing gaming companies in the world."

This isn't the only studio Wargaming.net has snatched up lately. In January, the company also announced its acquisition of F.E.A.R. 3 developer Day One Studios, for $20 million. Last year, it bought engine-maker Big World for $45 million.