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D3Publisher of America to Acquire Vicious Cycle Software

D3Publisher of America has entered into an agreement to purchase North Carolina-based Vicious Cycle Software. Upon completion of the transaction, D3PA will hold Vicious Cycle Software as a subsidiary through share acquisition. Vicious Cycle Software creates titles for all age groups based on both licensed and original intellectual property and is the developer of the Vicious Engine development technology for consoles, handhelds and the PC.

D3Publisher of America and Vicious Cycle already have a long-standing relationship, as the studio has developed or co-developed a number of games for the publisher including Dead Head Fred, an action-adventure title debuting original IP on the PSP later this year, Flushed Away based on the film from DreamWorks Animation and Aardman (developed under the Monkey Bar Games banner) and the PSP SKU of the runaway hit Puzzle Quest (co-developed by Infinite Interactive).

In the new ownership structure, Eric Peterson will remain president and Wayne Harvey will remain vice president of Vicious Cycle Software. The company's 50-person development team will remain in Chapel Hill, North Carolina. Financial terms of the transaction were not disclosed.



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