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Playdead Studios buys itself out

Posted by SpectralShock on

Developer Playdead Studios has bought itself back from its investors, thanks to big returns on Limbo. This move allows the studio greater financial and creative independence, reports Gamasutra.

Playdead is now solely owned by its founders and management. The founders said that they were able to buy back the company due to the strong performance and success of their first title, Limbo.

Limbo was initially funded solely by founders Arnt Jensen and Dino Patti, with help from the Danish government. Investors were later brought in to help expand on the original concept.

The studio is now developing their second title. Limbo went on to be released on Xbox 360, PlayStation 3, and Windows PC over the course of a year.