MakieLab, the London-based startup has sold its tech and assets to Disney, TechCrunch has reported.
In a post to the firm’s Facebook page, the company confirmed that it would be closing its doors, citing a new owner. It has now been reported that the company has already partially relocated to the U.S. after it got accepted into Disney’s startup accelerator.
“Makies technology and platform has been successfully acquired by a fantastic U.S. media behemoth, who we hope will do something wonderful with it very soon,” writes MakieLab.
“We tried to continue on the Makies world-takeover independently, but the dream had to end, for all sorts of 2016 – ewww -reasons. We hope our new owner can achieve what we couldn’t on our own for you. Thank you, new owner, you are our only hope!”
According to her Linkedin profie, MakieLab CEO and founder Alice Taylor is now Director, StudioLab at The Walt Disney Studios.