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  6. Virtuos Acquires Pipeworks Studios

M&A Deal Summary

Virtuos Acquires Pipeworks Studios

On January 22, 2025, Virtuos acquired digital media company Pipeworks Studios from Sumo Group

Acquisition Highlights
  • This is Virtuos’ 5th transaction in the Digital Media sector.
  • This is Virtuos’ 2nd transaction in the United States.
  • This is Virtuos’ 1st transaction in Oregon.

M&A Deal Summary
Date 2025-01-22
Target Pipeworks Studios
Sector Digital Media
Buyer(s) Virtuos
Sellers(s) Sumo Group
Deal Type Divestiture

Target

Pipeworks Studios

Eugene, Oregon, United States
Pipeworks Studios is an independent studio specializing in advanced consumer and commercial games with innovative, real-world scenarios for a diverse community of corporate partners. Pipeworks Studios was founded in 1999 and is based in Eugene, Oregon.

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Buyer(S) 1

Buyer

Virtuos

Singapore, Singapore
Category Company
Founded 2004
Sector Digital Media
DESCRIPTION

Virtuos is a global video game development company that specializes in game development and 3D art production for AAA consoles, PC, and mobile titles. Virtuos was founded in 2004 and is based in Singapore, Singapore.

DEAL STATS #
Overall 5 of 5
Sector (Digital Media) 5 of 5
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 2 of 2
Year (2025) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-22 Abstraction Games

Valkenswaard, Netherlands

Abstraction Games is a creative games studio specializing in co-development and support services for AAA publishers, focusing on technically demanding projects. Abstraction Games is based in Valkenswaard, Netherlands.

Buy -

Seller(S) 1

SELLER

Sumo Group

Sheffield, United Kingdom
Category Company
Founded 2003
Sector Digital Media
Employees1,400
Revenue 69M GBP (2020)
DESCRIPTION

Sumo Group provides acclaimed development and design services to the video games and entertainment industries from studios in the UK, India, Canada, and the US. Sumo Group was founded in 2003 and is based in Sheffield, England.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-30 Pipeworks Studios

Eugene, Oregon, United States

Pipeworks Studios is an independent studio specializing in advanced consumer and commercial games with innovative, real-world scenarios for a diverse community of corporate partners. Pipeworks Studios was founded in 1999 and is based in Eugene, Oregon.

Buy $100M
Mergr

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