Warner Bros. Home Entertainment is set to acquire TT Games, which encompasses Lego Star Wars developer Traveller’s Tales and TT Games publishing.
TT Games will keep its name and will continue to manage its existing relationships with LEGO, LucasArts, and Guinness World Records.
"TT Games is very successful and respected in the game development and publishing world," said Barry Meyer, chairman and CEO of Warner Bros. "They are a great fit for us and the right next step for Warner Bros. as we grow into a significant presence in the games space."
"TT Games is the leading video game developer for young gamers and their families. TT Games will become the cornerstone of our Home Entertainment Group’s family-focused games strategy," added Kevin Tsujihara, president of Warner Bros. Home Entertainment Group.
Traveller’s Tales titles currently in development include LEGO Batman: The Videogame and LEGO Indiana Jones. TT Games also holds the video game development and publishing rights to The Guinness World Records book.
"Warner Bros. has an extraordinary track record in nurturing and developing intellectual property in television, in movies and now in games," said Tom Stone, managing director of TT Games Publishing. "That history combined with their world class distribution muscle promises a very exciting future for all of us at TT Games."
The closing of the acquisition is subject to the fulfillment of customary terms and conditions, including regulatory approval.