Annapurna Expands Portfolio with Acquisition of 24 Bit Games

Annapurna, a leading entertainment company, has announced the acquisition of 24 Bit Games, a South African game development studio. The acquisition is set to enable 24 Bit Games to enhance its technology and expand its team, with Annapurna providing the necessary resources and support. Founded in 2012, 24 Bit Games has a proven track record of delivering high-quality games, including ports and co-developed titles such as Cocoon, Neon White, and Maquette. According to Luke Lamothe, CEO of 24 Bit Games, "Annapurna's commitment to nurturing innovative games and its dedication to building a strong company culture resonates deeply with our team. We're thrilled to be joining forces and contributing to the company's exciting phase of growth and expansion." Following the acquisition, 24 Bit Games will operate as a subsidiary of Annapurna, with its existing leadership and personnel remaining in place. Both companies are committed to continuing 24 Bit Games' mission of supporting the South African game development community, with a focus on driving growth and innovation in the industry.