EVE Frontier Parent Company Rebrands as Fenris Creations After $120M Buyout

Eve Frontier‘s parent company, CCP Games, has completed a management buyout from Pearl Abyss and is rebranding as an independent studio under the new name Fenris Creations. The company confirmed that all development teams working on EVE Frontier, EVE Online, EVE Vanguard, and EVE Galaxy Conquest remain in place, with no changes to leadership, creative direction, or studio locations in Reykjavík, London, and Shanghai.

What Changed

  • The company behind EVE Frontier is separating from Pearl Abyss and rebranding under the name Fenris Creations.
  • The new entity will be owned by its shareholders and governed by its own Board of Directors.
  • A research partnership with Google DeepMind has been announced, focused on intelligence in player-driven systems.
  • Initial AI research will run in offline versions of the game not connected to the live server.
  • The transition does not involve any restructuring, layoffs, or organizational changes.

Dates and Rollout

  • Pearl Abyss has been a partner of the company since 2018.
  • A Google DeepMind representative is scheduled to appear at Fanfest 2026, which is described as coming up the following week.

Numbers and Rules

  • The management buyout from Pearl Abyss was valued at $120 million USD (in cash and non-cash elements).
  • The company reported a record-breaking November and one of its strongest quarters in EVE Online’s more than 20-year history at the close of 2025.
  • Studios in three cities, Reykjavík, London, and Shanghai, continue operations without changes.

Source: https://www.eveonline.com/news/view/a-new-era

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