FreeStyleGames, which is based in Leamington Spa, will be renamed Ubisoft Leamington. Ubisoft Reflections boss Richard Blenkinsop will be stepping in as managing director, and had this to say:
We're thrilled to have their expertise within the group, and the team at Reflections are looking forward to creating great things together.
This move presumably signals the end of Guitar Hero's short-lived revival. Activision stated that the reboot - which launched on Wii U in 2015, as well as other formats - didn't perform as well as expected. Selling off the studio responsible for the game would suggest it has no plans to release any other games in the franchise in the near future.