World of Tanks creator Wargaming.net has acquired Day 1 Studios for $20 million.
The Chicago studio will focus solely on console gaming for the MMO company, working on an as yet undisclosed title. The studio is best known for ports of first-person shooter F.E.A.R. and LucasArts' Fracture.
The studio has been renamed Wargaming West.
"The move into console game development is a huge step for Wargaming, as we begin to expand our presence into new platforms," said Victor Kislyi, CEO of Wargaming. "We are looking forward to sharing the fruits of our labor soon."
Denny Thorley, head of the studio, added: "Wargaming is a clear leader in the free-to-play space and helps set the standard on which all other games in the genre strive for."
"Our team is extremely excited to start the first console project for Wargaming."