Swedish publisher Starbreeze has acquired the Valhalla game engine in a deal worth $8.6m.
The tech is described as a browser-based engine able to power triple-A games. The 3D engine is also said to be fully virtual reality-ready and supports several headsets currently on the market. It has been in development for four years.
Starbreeze will use the tool suite on its upcoming games such as The Walking Dead and Storm, as well as other future titles.
The publisher will continue using its in-house engine Diesel 2.0 for the continued development of Payday 2, RAID: World War II and other games.
“By acquiring Valhalla we gain access to a powerful future proofed engine and production pipeline,” said Starbreeze CEO Bo Andersson Klint.
“This will gear us up to take on the challenges and opportunities in future game development. In essence, we leapfrog the build out of a new first class development environment several years and increase our commitment as a technology company.”