Jam City Offloads Ludia in Strategic Sell-Off

Just after 3.5 years.

Jam City is cutting loose its Montreal-based studio, Ludia, selling it to a consortium of Canadian institutional investors in a deal currently under review by the Canadian Competition Bureau. The price tag? Still under wraps.

A Jurassic Exit

The sale includes Ludia’s full game catalog, home to mobile hits like Jurassic World: The Game, Jurassic World Alive, and Ninja Turtles: Legends. Despite the shake-up, Jam City claims the move won’t disrupt its core business, as its biggest successes come from casual narrative and puzzle-style games.

A Quick Flip

The deal comes less than 3.5 years after Jam City acquired Ludia for $165M, backed by a $350M funding round as part of its ambitious—but ultimately scrapped—plan to go public at a $1.2B valuation.

Now, Ludia is being sold off.

“If the sale is approved, we’re committed to making the transition smooth and setting Ludia up for continued success,” a Jam City spokesperson said.

The industry will be watching closely—was this a strategic retreat or a necessary reset for Jam City?