Undead Labs Picks Investment Offer, Still Targets State of Decay 3 Next Year
Studio boss Philip Holt says Undead Labs chose one of several investment offers and still aims to release State of Decay 3 next year after its management buyout from Microsoft.
Undead Labs boss Philip Holt said the studio chose one of several investment offers it received, and that it is still aiming to release State of Decay 3 next year. Holt's comments were reported by rockpapershotgun.com.
Holt said Undead Labs had several offers for investment and chose one of them. He also said the studio is still aiming to release State of Decay 3 next year.
According to Holt, Undead Labs had to make changes to State of Decay 3 after its buyout and the layoffs that followed.
Last month, Undead Labs bought their own independence from Microsoft after a deal with unnamed buyers fell through. Staff created a new holding company, Full Measure, to facilitate the buyout.
According to The Game Business, the unnamed potential buyer for Undead Labs was Tencent-owned UK outfit Splash Damage. Holt also said games industry investors are waiting for obvious slam dunks.
Quick answers
When is State of Decay 3 coming out?
Undead Labs boss Philip Holt said the studio is still aiming to release State of Decay 3 next year. No specific release date has been given.
Who owns Undead Labs now?
Undead Labs bought their own independence from Microsoft last month, with staff creating a new holding company, Full Measure, to facilitate the buyout.
Did Undead Labs receive investment offers?
Yes. Philip Holt said Undead Labs had several offers for investment and chose one of them.