It looks like with Epic Games‘ ties with Chair Entertainment have graduated way beyond the latter studio’s use of the Unreal Engine 3.
Epic released a press wire announcing that they have acquired Chair, making it a wholly owned subsidiary of Epic Games. Under the terms of the agreement, Chair Entertainment will still retain its name.
Chair Entertainment is ideal known for their release of Undertow, an Xbox Live title that made waves on the XBLA scene (no pun intended) for its high-quality visuals and gameplay. It’s quite the accomplishment for a 50 MB title. Epic Games, on the other hand, is famed for their release of Gears of War