Eve On-line studio CCP rebrands to Fenris Creations as Google takes minority stake

• Fenris Creations has gone through a control buyout from Pearl Abyss valued at $120 million.
• Google has invested within the studio because it explores AI partnership.
• No layoffs or place of business closures are anticipated, corporate claims.

Google has taken a minority stake within the developer of Eve On-line as CCP rebrands to Fenris Creations.

The studio, which was once up to now owned by way of South Korean writer Pearl Abyss, has gone through a control buyout valued at $120 million.

As a part of the deal, the developer is now rebranding and might be ruled by way of its personal board of administrators. It hopes to go back to a type it says is very similar to how the corporate operated sooner than 2018 when it was once up to now got.

The possession crew contains Fenris Creations’ senior control and long-term traders.

Google funding

Following the control buyout, the studio has signed a analysis partnership with Google’s AI department DeepMind, curious about advancing working out of intelligence in complicated, dynamic methods. As a part of the deal, Google has invested within the studio and brought a minority stake. Phrases weren’t disclosed.

Fenris stated the collaboration would discover spaces together with “long-horizon making plans, reminiscence and endured finding out” the use of Eve On-line. DeepMind will paintings with an offline model of the sport to check and review fashions, whilst the partnership can even discover new gameplay studies.

Regardless of the adjustments and funding, Fenris claimed the management workforce, studios, merchandise and ongoing building plans stay unchanged. No layoffs are anticipated, it added.

Fenris Creations stated it ended 2025 with a record-breaking month in November and the second-highest earnings quarter within the recreation’s historical past in This autumn. It reported over $70 million in earnings in 2025 and is claimed to be successful.

New construction

“Eve is constructed to undergo – and it simplest works when you’re prepared to stay pushing into the long run,” stated Fenris Creations CEO Hilmar Veigar Pétursson.

“This transition provides us direct possession, transparent duty, and the independence to spend money on worlds that develop over many years.

“We’re thankful to Pearl Abyss for his or her partnership and for the constant toughen they’ve proven us during the last seven and a part years. Eve On-line exists lately as a result of pioneering considering, endurance, and accept as true with between builders and avid gamers.

“Our new construction and companions permit us to hold that legacy ahead – incessantly evolving a residing universe and actively exploring what it will possibly grow to be, with ceaselessly in thoughts.”

Google DeepMind CEO Demis Hassabis commented:  “Video games have all the time been an enormous a part of my lifestyles – I’ve been a gamer since I used to be a child, and I began my occupation designing and programming complicated AI simulation video games like Theme Park. They’ve additionally been on the center of a lot of Google DeepMind’s breakthroughs – like Atari DQN, AlphaGo, AlphaStar and SIMA – as a result of they’re the easiest coaching flooring for creating and checking out AI algorithms. 

“I’ve recognized Hilmar for a few years and lengthy admired his paintings, and I’m extremely joyful to spouse with him and the improbable workforce at Fenris Creations to discover new gaming studies and advance AI analysis safely inside of a player-driven universe as amazingly complicated as Eve On-line.”