Cryptic Bought For $50 Million

Former Atari studio and Star Trek Online and Champions Online developer Cryptic has been bought by Chinese publisher/developer Perfect World.

Perfect World, which runs titles like its own Legend of Martial Arts MMO in Asia and in other parts of the world bought Cryptic for $50 million.

It's unknown what Perfect World's plans are for Cryptic, but when Atari put the studio on the auction block recently, Cryptic said that it was still supporting Star Trek Online and Champions Online, as well as working on a new Neverwinter title.