Capcom has made Minimum Studios a subsidiary through a share acquisition.

Capcom has made what may be its first studio acquisition in 2024 via the purchase of Minimum Studios for 888,888 New Taiwan dollars (or around $27,265).

The Taiwan-based animation production company previously worked on Capcom titles including Resident Evil Village, the Resident Evil 4 remake, and Dragon’s Dogma 2.

Per Capcom, the acquisition was done “to sustainably bolster its developmental and technological capabilities, aiming to achieve its long-term management goal of 100 million units in annual sales.”

Last year, Capcom made a similar acquisition with Swordcanes, which worked on Tango Gameworks’ Hi-Fi Rush. Like Minimum, Swordcanes specialized in animation and art, and also helped work on Street Fighter 6.

“Capcom has decided to make the studio its subsidiary company to substantially bolster its development and technological capabilities,” the publisher said. “Going forward, Capcom will continue to explore the acquisition of necessary technological capabilities in order to enhance its game development organisation.”

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Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment for game consoles, PCs, handheld and wireless devices. Founded in 1983, the company has created hundreds of games, including groundbreaking franchises Resident Evil™, Monster Hunter™, Street Fighter™, Mega Man™, Devil May Cry™ and Ace Attorney™. Capcom maintains operations in the U.S., U.K., Germany, France, Hong Kong, Taiwan, Singapore and Tokyo, with corporate headquarters located in Osaka, Japan. More information about Capcom can be found at https://www.capcom.co.jp/ir/english/