Hypixel, the developer of sandbox title Hytale, has acquired the game's license back from Riot Games months after the studio was shut down and development was canceled.

The transaction value has not been disclosed.

For context, Riot acquired Hypixel Studios back in April 2020 for an undisclosed fee. Back then, the title was due out in 2021, and it had accrued 2.5 million signees for an upcoming beta. Previously, Riot had supported Hypixel as an angel investor when the studio was founded back in 2018.

The current team is composed of co-founders Collins-Falamme and Touchette, as well as technical lead Kevin Carstens and management lead Patrick Derbic. Hypixel has also rehired over 30 former developers who previously worked on Hytale.