Overview

• Splash Damage confirmed it has been acquired by unnamed private‑equity investors and is no longer owned by Tencent.
• The company said it will continue operating under its existing leadership team and declined to share additional details.
• In January, the studio cancelled Transformers: Reactivate, saying a number of roles were at risk of redundancy.
• The status of Project Astrid, announced in 2023 with streamers Mike “Shroud” Grzesiek and Chris “Sacriel” Ball, has not been updated publicly.
• PC Gamer’s coverage characterized the sale to private equity as a sign of recent challenges for the studio.