The company known for its work on the Everquest series and the upcoming H1Z1 has announced that it has been sold by Sony and will be making games for the PlayStation, Xbox, mobile and PC formats.

A Community Relations representative for Sony Online Entertainment has officially announced on Sony's forums and Reddit that the company has been acquired by Columbus Nova and is being renamed Daybreak Game Company as it continues to work in the gaming industry. Sony Online Entertainment was recently met with a lot of negative feedback due to the ongoing, shaky server issues following H1Z1's Early Access debut on Steam, resulting in micro-transaction reimbursements being issued for those who purchased its premium content.

Dear Players, Partners and Friends,

Today, we are pleased to announce that we have been acquired by Columbus Nova, an investment management firm well known for its success with its existing portfolio of technology, media and entertainment focused companies. This means that effective immediately SOE will operate as an independent game development studio where we will continue to focus on creating exceptional online games for players around the world, and now as a multi-platform gaming company. Yes, that means PlayStation and Xbox, mobile and more!

As part of this transition, SOE will now become Daybreak Game Company. This name embodies who we are as an organization, and is a nod to the passion and dedication of our employees and players. It is also representative of our vision to approach each new day as an opportunity to move gaming forward.

So what exactly does this mean for you? It will be business as usual and all SOE games will continue on their current path of development and operation. In fact, we expect to have even more resources available to us as a result of this acquisition. It also means new exciting developments for our existing IP and games as we can now fully embrace the multi-platform world we are living in.

Our games and players are the heart and soul of our organization, and we are committed to maintaining our portfolio of online games and pushing the limits of where we can take online gaming together.

Thank you for your continued support. See you in game!

The Team at Daybreak

H1Z1 was originally slated for a 2015 release for PC and PlayStation 4. While Daybreak has yet to formally announce anything in regards to H1Z1's launch, stay tuned and we'll keep you updated if Daybreak decides to bring this DayZ-style game over to the Xbox One or any other formats. Since the announcement mentioned "new exciting developments for our existing IPs and games as we can now fully embrace the multi-platform world we are living in," we have a feeling H1Z1 will be going green soon, not to mention titles like Everquest Next and possibly DC Universe Online.