"Over the last 30 years, Codemasters and Evolution Studios have created some of the most successful racing franchises in the industry, including GRID, DiRT, DRIVECLUB and MotorStorm," Codemasters wrote on its blog. "This expansion will not only see us gain a wealth of racing expertise and skill, but it'll take Codemasters to the next level as the world's largest racing-focused games company. With phenomenal racing DNA on both sides, we hope that gamers out there are excited to see what we do next - as are all of us here at Codies."

Evolution Studios has joined the Codemasters family. The DriveClub developer will be added to Codemasters portfolio of studios from April 25, becoming a multi-platform developer in the process.

Though it isn't entirely clear, it appears that the team will continue to develop games under the Evolution name, and will continue to operate as an individual studio building a brand new racing IP.

"The success of F1 2015 and DiRT Rally over the last 12 months has re-positioned the company for growth," said Codemasters CEO Frank Sagnier. "The addition of the Evolution team to our studio group will allow us to scale our business and strengthen our leadership as the world's premier racing game developer.

"I'm thrilled to have [Evolution co-founder] Mick Hocking join Codemasters as VP of Product Development. His experience in building AAA IP and leading great teams made him a natural choice to head the development of all of our products. I am equally thrilled to welcome his talented team to the Codemasters family and I look forward to the great games and brand new IP we will develop together."

The announcement follows weeks after Sony confirmed plans to close Evolution.

Source: blog.codemasters.com