UK developer Splash Damage has acquired Bulkhead for an undisclosed sum.
Derby-based Bulkhead is best known as the team behind World War 2 shooter Battalion 1944 and first-person puzzle game The Turing Test.
The acquisition was mentioned in a press release for Transformers: Reactivate, which was announced during last night's The Game Awards. The two studios are collaborating on the online action multiplayer game, which is heading to PC and console starting with a closed beta in 2023.
Bulkhead also confirmed it is now owned by Splash Damage via Twitter.
"It's a new era," the team wrote. "We are proud to be part of Splash Damage. To be acquired by a developer of the games we grew up playing is an honour.
"Everyone at Bulkhead is ready to show the world what we're capable of with the right partner. Let's make some f****** sick shooters."
Back in August, Bulkhead announced it had ended its partnership with publisher Square Enix Collective, partly over the fact the latter never released the PS4 and Xbox One versions of Battalion 1944.
Square Enix purchased a 20% stake in Bulkhead back in 2018.
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