Sony Online Entertainment no longer part of Sony corp, gets new name

Sony corporation has sold off Sony Online Entertainment to an investment firm.

Sony's MMO and online games studio, Sony Online Entertainment has been sold off to investment firm Columbus Nova. The studio will now operate independently under the new name "Daybreak Game Company."

"We are excited to join Columbus Nova's impressive roster of companies," said John Smedley, president of Daybreak Game Company.

"They have a proven track record in similar and related industries and we are eager to move forward to see how we can push the boundaries of online gaming. We will continue to focus on delivering exceptional games to players around the world, as well as bringing our portfolio to new platforms, fully embracing the multi-platform world in which we all live."

"We see tremendous opportunities for growth with the expansion of the company's game portfolio through multi-platform offerings as well as an exciting portfolio of new quality games coming up, including the recently launched H1Z1 and the highly anticipated EverQuest Next to be released in the near future," said Jason Epstein, senior partner at Columbus Nova.

The studio will continue to work on EverQuest Next, EverQuest Landmark, PlanetSide 2, and H1Z1. And since they're no longer a part of Sony, expect these games to come other platforms, such as Xbox.

Sony Online Entertainment is responsible for various high-profile MMOs, such as EverQuest, DC Universe Online, PlanetSide and H1Z1.

Thanks, Polygon, IGN, Reddit, Smedley's Twitter.