Riot’s investments now in the double-digits, venture fund planned
Riot Games acquired indie game developer Hypixel Studios on April 16 in a bid to diversify its game offerings.
Hypixel was formed in 2018 to develop a Minecraft server and soon began developing its own games. Terms of the acquisition were not disclosed. Hypixel said it will continue to operate out of its headquarters in the city of Derry/Londonderry in Northern Ireland and will use the new capital to hire 20 new staffers and expand its operations.