Virtuos announced the completion of the acquisition of Glass Egg Digital Media, an arts production company based in Vietnam.
The Ho Chi Minh-based company specializes in 2D and 3D art services, including concept design and 3D vehicles. He has contributed to several AAA titles such as Call of Duty: Modern Warfare, Marvel’s Spider-Man and Demon Souls.
Glass Egg employs 400 people, bringing Virtuos’ Vietnamese workforce to over 1,000 in total. Virtuos aims to increase that figure to 1,500 employees and is expected to open another studio in Vietnam in June to support its expansion there.
As part of the acquisition, Glass Egg will rebrand itself as “Glass Egg – a Virtuos Studio” but will continue to operate independently, with CEO Phil Tran and CFO Steve Reid remaining in their respective roles.
Terms of the agreement were not disclosed.
“We are delighted to welcome the Glass Egg team to the Virtuos family,” said Gilles Langourieux, CEO of Virtuos. “With its strong brand equity, coupled with its significant and long-term local operations, Glass Egg demonstrates excellent synergies with Virtuos, and we look forward to leveraging our combined expertise to reinforce our commitment to excellence.”
Glass Egg CEO Tran added, “We are honored to be part of an industry stalwart, Virtuos. It means our staff will have the opportunity to expand their skills and undertake a wider range of projects, which will also benefit our customers. With the support and resources of Virtuos, we are motivated to contribute significantly to the industry in its next phase of growth.”
In January, Virtuos also acquired Ukrainian art production studio Volmi Games.