Ji Ham
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EG7 Q2 2026: Daybreak has finished buying out Cold Iron and Aliens Fireteam Elite 2
Enad Global 7's subsidiary Daybreak Game Company has finalized its acquisition of Cold Iron Studios for $3 million, securing assets and intellectual property related to the developer, including the Aliens franchise IP for Aliens: Fireteam Elite. Daybreak reported improved profitability in Q2 2026, driven by Palia and DC Universe Online, alongside steady performance from its other live-service titles like EverQuest and EverQuest II.
EG7 Q1 2026: Daybreak is acquiring Cold Iron Studios (again) as Palia and Far Far West soar
Enad Global 7 reported a 13.1% drop in Q1 2026 revenues compared to the previous year, though its subsidiary Daybreak Game Company saw a 16.8% increase driven by Palia, EverQuest, and DC Universe Online. Daybreak is once again in talks to acquire Cold Iron Studios, with the intention of bringing the development of Aliens: Fireteam Elite 2 in-house. The company also noted strong sales for Far Far West, which recently launched into early access.
EG7-owned MechWarrior studio Piranha has suffered ‘masssive’ layoffs, threatening the franchise’s future
EG7-owned Piranha Games has reportedly undergone significant layoffs, impacting a large percentage of its staff and potentially jeopardizing the future of the MechWarrior franchise. This follows previous staff reductions and a failure of MechWarrior 5 Clans to meet sales targets, despite recent success with MechWarrior 5: Mercenaries DLC Shadow of Kerensky.