Ubisoft announced it has finalized its acquisition of Related Designs, the studio behind the popular Anno series. No terms of the deal were mentioned, but it was a cash transaction to acquire the remaining 70.05% of the studio. Ubisoft previously owned 29.95% of the company, so it was only a matter of time before it came under complete control.
Related Designs was established in 1995, and aside from the Anno series of RTS game, it's also worked on No Man's Land and Castle Strike. The studio's managing director, Thomas Pottkamper, had the following to say on the deal:
We're happy to formally join Ubisoft. This move validates our longstanding partnership and provides our teams with additional resources to expand upon their great work.
It's going to be business as usual for Related Designs, with the team continuing to work on the browser-based, free-to-play Might & Magic Heroes Online. Eventually it'll team up with Blue Byte, another Ubisoft-owned company, for "future titles," but those are firmly underwraps for now.