NantWorks makes strategic investment in Daybreak Game Company
NantWorks makes strategic investment in Daybreak Game Company ⚡⚡⚡ Esports and gaming news, analytics, reviews on WePlay! The latest news on WePlay!
According to the report, Daybreak Game Company, developers of H1Z1, received a strategic investment from a holding company NantWorks. This partnership induced a new company NantG Mobile that will be developing mobile versions of H1Z1 and EverQuest. Also as a part of the deal, Patrick Soon-Shiong (CEO and Chairman of NantWorks and Owner and Executive Chairman of the Los Angeles Times) will join the board of directors for Daybreak.
That’s what Dr. Soon-Shiong had to say: “I am delighted that our software capabilities at NantWorks, together with the creative expertise and infrastructure at NantStudio – which includes our low latency fiber network, will help accelerate the development of the platform at Daybreak, a company with history dating back to its origins as Sony Online Entertainment. Their achievements in the development of gaming technology have contributed greatly to this emerging field of virtual sports and we view this medium as an important media engagement engine”.
Jason Epstein who owns the San-Diego based gaming studio and serves as Chairman of the Board added: “Daybreak Games is pleased to have NantWorks as our investment partner to support and accelerate the growth of our company. Working with NantWorks, NantStudio and Dr. Soon-Shiong will allow us to maintain our cutting-edge development in the video game industry and to benefit from Nant’s technological expertise and reach as a resource.”
Mobile H1Z1 Battle Royale will be released under the name Z1 Battle Royale and developed based on the existing PC version. However, it won’t be a direct console port as PUBG Corp did with PUBG Mobile.
It’s also worth mentioning that NantWorks plans to build a LA Times Center that will provide venue for all kinds of events, production studio and esports arena. With Patrick Soon-Shiong’s support, Los Angeles Times will start covering esports events by adding articles to the sport section. As Times Executive Editor Norman Pearlstine said: “The growth of virtual sports has been explosive. We look forward to covering all the major games companies, including Daybreak.”
Damn right! Can't argue with that!