Singularity 6 Acquired by Daybreak

Singularity 6 Acquired by Daybreak

Mergers and Acquisitions

03 July 2024 08:11

Baybreak has acquired Singularity 6 as a wholly owned subsidiary. The developer of Palia will retain its independent operation, led by co-founders Anthony Leung and Aidan Karabiach. With enhanced resources from the acquisition, Singularity 6 plans to accelerate development, achieve the 1.0 launch of Palia, and expand its availability across various platforms.

Established in 2018 by former Riot Games veterans, Singularity 6 has raised nearly $49m through multiple funding rounds. Palia, its inaugural game, debuted in open beta on PC in August last year and later became available on Nintendo Switch. Following its March 2024 release on Steam, Palia garnered predominantly positive feedback. The game has amassed a player base exceeding 4 million (thanks to its free-to-play model) and currently boasts over 100,000 daily active users. Despite encountering financial challenges this year, Singularity 6 remains committed to advancing Palia's development and reach.

More:Esports World Cup Partners with TikTok

Ji Ham, CEO of Daybreak Games stated “S6 is an excellent addition to our development studios, renowned for their success in creating large-scale online games and content. Their debut title, Palia, is a fantastic addition to our online portfolio. We eagerly anticipate collaborating with the S6 team to make Palia the best online experience possible across all major gaming platforms and to help continue expand their community of players for years to come.”

Tags: Daybreak

Share:

Sources:

Report mistake Submit news

Related news

View All

NCsoft Acquires 70% Stake in Berlin Mobile Studio JustPlay for $202 Million in Casual Gaming Push

===== TL;DR ===== * South Korean games giant NCsoft is acquiring a 70% stake in Berlin-based casual mobile developer JustPlay...

Mergers and Acquisitions

Mar 12, 2026

Vento Games Raises $4 Million Seed Round Led by Makers Fund

TL;DR * Istanbul-based Vento Games, founded in 2024 by former executives from Peak Games, Fungo, and Zynga, has closed a...

Mergers and Acquisitions

Mar 05, 2026

Splash Damage Acquires Gamepires From Jagex

TL;DR * Splash Damage has acquired Gamepires, the Croatian developer of survival game Scum, from Jagex in a deal backed...

Mergers and Acquisitions

Feb 27, 2026

GameSquare Acquires TubeBuddy in Major Push to Build AI-Powered Creator Economy Platform

TL;DR * FaZe Esports parent company GameSquare has acquired TubeBuddy, the AI-enabled YouTube optimization platform that has served over 10...

Mergers and Acquisitions

Feb 24, 2026

Scopely Acquires Majority Stake in Loom Games, Developer Behind 10 Million Player Mobile Hit Pixel Flow

TL;DR * Scopely has acquired an undisclosed majority stake in Loom Games, the Istanbul-based mobile studio behind hybrid casual puzzle...

Mergers and Acquisitions

Feb 20, 2026

Singularity 6 Acquired by Daybreak

Mergers and Acquisitions

03 July 2024 08:11

Tags: Daybreak

Baybreak has acquired Singularity 6 as a wholly owned subsidiary. The developer of Palia will retain its independent operation, led by co-founders Anthony Leung and Aidan Karabiach. With enhanced resources from the acquisition, Singularity 6 plans to accelerate development, achieve the 1.0 launch of Palia, and expand its availability across various platforms.

Established in 2018 by former Riot Games veterans, Singularity 6 has raised nearly $49m through multiple funding rounds. Palia, its inaugural game, debuted in open beta on PC in August last year and later became available on Nintendo Switch. Following its March 2024 release on Steam, Palia garnered predominantly positive feedback. The game has amassed a player base exceeding 4 million (thanks to its free-to-play model) and currently boasts over 100,000 daily active users. Despite encountering financial challenges this year, Singularity 6 remains committed to advancing Palia's development and reach.

More:Esports World Cup Partners with TikTok

Ji Ham, CEO of Daybreak Games stated “S6 is an excellent addition to our development studios, renowned for their success in creating large-scale online games and content. Their debut title, Palia, is a fantastic addition to our online portfolio. We eagerly anticipate collaborating with the S6 team to make Palia the best online experience possible across all major gaming platforms and to help continue expand their community of players for years to come.”

Share:

Sources:

Report mistake Submit news