Build A Rocket Boy has acquired PlayFusion

PlayFusion has been acquired by Build A Rocket Boy, though the financial terms remain confidential.

This acquisition will allow PlayFusion to aid Build A Rocket Boy's key ventures such as MindsEye, its expansive world platform Everywhere, and the user-created content suite Arcadia.

Following the acquisition, Mark Gerhard, CEO and CTO of PlayFusion, has been named co-CEO of Build A Rocket Boy.

"PlayFusion's creativity and transmedia prowess have always been something we've admired, and this collaboration will propel Build A Rocket Boy forward," remarked Leslie Benzies, the CEO and founder of Build A Rocket Boy.

Gerhard expressed: "It’s a great honor to join Leslie and the remarkable team at Build A Rocket Boy during this pivotal time in the gaming industry. Together, we aim to revolutionize the field by making high-quality game development accessible."

"Our core team at PlayFusion boasts nearly twenty years of collaboration, and we are eager to be part of the next wave of gaming innovation."

Earlier in the year, Build A Rocket Boy revealed it had secured $110 million through a Series D funding initiative.

This funding round was spearheaded by RedBird Capital and featured investments from companies like NetEase Games and Galaxy Interactive.

In February, there were reports of layoffs at Build A Rocket Boy, impacting an unspecified number of employees.