Bravely Default's Silicon Studio Divests Game Development Business

- Silicon Studio announced on Monday that it is executing a divestiture of its game development business
- this will be done by establishing the subsidiary company Creek and River to handle game development and management
- Silicon Studio will transfer 90% of its stocks to the new subsidiary
- the reason for the divestiture was the trend of increasing development costs for games
- Silicon Studios noted that it hopes to create synergy with the new game development subsidiary
- they'll do this by continuing its other core business in developing graphics engines and middleware for games
- predicted revenue that it released in its financial report in January has now been adjusted to trend lower