2K Purchases HookBang Gaming Division

Interesting move by 2K.

2K today announced it has acquired HookBang LLC’s Austin-based video game division and will become part of Visual Concepts, the wholly-owned studio and developer of the world renowned NBA 2K franchise.

 

The acquired studio, now named Visual Concepts Austin, will operate from a to-be-announced new location in the Austin, Texas metropolitan area, where it will expand its on-going efforts on the NBA 2K franchise and plans to employ hundreds of developers to support the world’s most popular basketball simulation series as well as 2K’s expanding publishing business.

 

Financial terms of the deal were not disclosed