Game developer Virtuos merges Kyiv studio Volmi Games

Virtuos, a leading global game development company, has acquired Volmi Games, a Kyiv-based 2D & 3D art studio. The financial details of the deal have not been disclosed.

  • Volmi Games is the first company from Eastern Europe to join Virtuos. According to the developer, the Ukrainian studio will become “a key node in Virtuos’ expanding global footprint and bringing the company closer to its European clients.”
  • Under the terms of the deal, Volmi Games will change its name to Volmi – A Virtuos Studio. The founders of the studio, former c-levels at Wargaming Kyiv, Vladimir Loban and Miroslav Baranenko, will continue to run it as CEO and COO, respectively.
  • Volmi Games plans to increase the team from 140 to 500 employees within three years.

About Volmi Games

Volmi Games was founded in 2016 in Kyiv. Its portfolio includes over 800 projects, including Diablo 2: Resurrected, Metro Exodus, Sniper: Ghost Warrior Contracts 2, Smite, Paladins, and Gwent: The Witcher Card Game. Volmi Games clients are Blizzard Entertainment, CD Projekt RED, Bethesda, 4A Games, Hi-Rez Studios, and CI Games.

About Virtuos

Virtuos, headquartered in Singapore, was founded in 2004. It specializes in game development, 3D art production for AAA consoles, PC, and mobile titles. The company has worked on games such as Assassin’s Creed Valhalla, Watch Dogs: Legion, Dark Souls: Remastered, and Star Wars Jedi: Fallen Order.