Daybreak Games has acquired Cold Iron Studios for an undisclosed amount -- marking Cold Iron's fourth acquisition since its founding in 2015.
Cold Iron Studios will continue to operate independently within its acquisition, and will still be led by co-founder Craig Zinkievich as it works on a game it's been developing since its launch using the Alien IP.
It then was transferred to Disney along with FoxNext, and then sold once again in January of this year alongside FoxNext to Scopely.
Then, both studios went to Disney when Disney bought 21st Century Fox, though Disney's ongoing attitude toward games business meant that it was unlikely to keep development studios around long.
Daybreak Games itself hasn't been without turbulence, either. The publisher underwent layoffs in December of 2018 and again in October of last year, and there have been reports of other redundancies in between.
In January, Daybreak restructured itself into three studios: Dimensional Ink Games, Darkpaw Games, and Rogue Planet Games in an effort to let each team develop its own identity.