Kalypso Media has acquire most of insolvent publisher Ascaron’s brands, intangible assets and exploitation rights.

The deal has been signed with the German administrators, Pielemeyer & Welsch.

Kalypso will take over the full rights of Ascaron brands such as DarkStar One, Patrician and Port Royale.

However, MCV understands that a few existing licence agreements hold by Ascaron UK will stay with the Ascaron until expiration.

Kalypso will also hold a majority share of a new studio which will be established mutually with former Ascaron lead designers Kay Struve and Daniel Dumont. The 12 ex-employees of Ascaron will be employed at the new studio.

Managing Director of Kalypso Simon Hellwig said: “We are very proud of this deal, which allows us to continue the development of well-known brands, to create a high potential of further growth and to secure some of the teams jobs as well.”