• Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
Simulation Daily
No Result
View All Result
Sign up for Our Newsletter
Simulation Daily
  • Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
No Result
View All Result
Simulation Daily

Sega Sells Humankind Developer Amplitude, Completes Restructuring of European Business

Giuseppe Nelvaby Giuseppe Nelva
November 8, 2024
in News
Reading Time: 3 mins read
Amplitude Studios
ShareTweetShare

Sega announced today as part of its financial results presentation that it has sold the Paris-based developer Amplitude Studios.

You might also like

2026 ESL Pro Tour Masters Events for Counter-Strike 2 Esports in Brazil, USA, and China Revealed

MyWhoosh Championships 2025 Cycling Esports Competition Revealed

GTA Online: Money Fronts Update Detailed with New Vehicles, Laundering Schemes, and More

The sale, mentioned in the financial press release was completed through a “management buyout,” which usually means that someone from Ampitude’s own management purchased the studio’s independence from Sega.

Something similar happened back in July with Relic Entertainment.

Sega also mentioned that this sale completes the structural reforms of its European business that have been ongoing for a while (since September 2023).

This has allowed the company to “realize a business structure that focuses on strengths through selection and concentration.” The goal now is to “achieve regrowth” for the European business.

As a consequence, Sega has recorded a 5.9 billion yen (approximately 38.6 million dollars) loss on business restructuring as extraordinary losses.

The restructuring of the publisher’s European business has been far from painless, as it involved the cancellation of games in development (including the science-fiction first-person shooter Hyenas) and numerous layoffs.

If you’re unfamiliar with Amplitude Studios, the developer was acquired by Sega in July 2016 as part of a bid to expand in the PC gaming market.

The studio is well known for having created the Endless Space franchise and more recently Humankind and Endless Dungeon.

At the moment, the studio has not announced its plans for the future, but we’re likely to hear from them soon enough.

Update: Amplitude confirmed that’s it’s returning to its indie roots, with ownership returning to some of its original founders and members of the team. We hear from founder Romain de Waubert de Genlis:

“Our studio is backed by strong and meaningful franchises and our team is committed to creating the best games possible. With our extensive experiences in strategy game development and two exciting titles currently in progress, we are confident in our ability to deliver outstanding experience to players. This decision allows us to be more agile in our approach while continuing to shape the vision that has been ours from the very beginning, empowering us to push boundaries and be closer as ever of our community.”

A new Humankind patch is coming soon with more details to be shared next week, while more information about what the studio has in store will be announced in January 2025.

Incidentally, Sega also announced its financial results for the second half of the fiscal year (related to the period between April and September 2024) today, and you can read all about them in the dedicated article.

Related Posts

Microsoft Flight Simulator Chaseplane on F18

Check Out the Physics of ChasePlane for Microsoft Flight Simulator; Will Get Free MSFS 2024 Upgrade

February 2, 2025
Train World Sim 5

Train Sim World 5 Announces Thomas & Friends Add-on Coming in 2025

January 31, 2025
Microsoft Flight Simulator Cessna Citation CJ3+ (1)

Today in Flight Simulation News – January 17, 2025

January 17, 2025

Browse by Category

  • Editorials
  • Events
  • Guides
  • Interviews
  • News
  • Previews
Tags: Amplitude StudiosBusinessGamingSEGA
ShareTweetShare

Recommended For You

IEM 2026 events
News

2026 ESL Pro Tour Masters Events for Counter-Strike 2 Esports in Brazil, USA, and China Revealed

June 11, 2025
logo for MyWhoosh Championships 2025
News

MyWhoosh Championships 2025 Cycling Esports Competition Revealed

June 11, 2025
GTA Online Money Fronts update
News

GTA Online: Money Fronts Update Detailed with New Vehicles, Laundering Schemes, and More

June 11, 2025
Kenyatta and Zeki Palia
News

New Palia Path Roadmap Details the Radiance Rising Update, Long-Term Plans, and More

June 11, 2025
Microsoft Flight Simulator Starship
News

Today in Flight Simulation News – June 10, 2025

June 11, 2025
Kyalama Grand Prix Circuit Project Motor Racing
News

Kyalami Grand Prix Circuit Announced for Project Motor Racing

June 10, 2025

Next Post
Sega Logo

Sega Gaming Business Achieves Positive Financial Results as Total War Restores User Confidence

Simulation Daily Powered by Orbx

Navigate Site

  • About Simulation Daily
  • Our Staff
  • Ethics
  • Contact Us
  • Advertise With US
  • Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
  • Disclaimer and Privacy Policy

Follow Us

© 2025 Orbx Ltd

No Result
View All Result
  • Home
  • Gaming
  • Simulation
  • Technology
  • Esports
  • Entertainment
  • About Simulation Daily
  • Our Staff
  • Ethics
  • Contact Us
  • Subscribe to our Newsletter

© 2024 Orbx Ltd

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?