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Recent Ashes of Creation court filings reveal Riot tried to purchase Intrepid for $250 million

Recent court filings reveal that Riot Games explored acquiring Intrepid Studios, the developer of Ashes of Creation, for $250-500 million in 2022. At the time, Riot was heavily invested in its own MMORPG projects, including Hytale and a separate internal MMO, amidst a period of high player interest in the genre following the performance of games like New World and Lost Ark.

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