The publisher has also delayed a suite of its upcoming AAA titles into fiscal year 2021-21.
Fox plans to stay in esports and will form a new organization called Twin Galaxies International.
The Finnish mobile developer is now effectively a subsidiary of the Chinese tech conglomerate.
ReKT has been making power moves in the esports industry lately.
Migration to Windows 10 and a CPU shortage have helped bump a market that has slowed in recent years.
Reaction to the move has been almost universally negative, with effects stretching beyond the games industry.
Vicarious Publishing will follow a 'DIY approach' with a sharp focus on service and fun, company CEO Michael Brown explained.
The months-long saga reaches a boiling point as Fox prepares to take Raizada and Sclavos to court.
The departure comes after a tumultuous year filled with layoffs and restructuring.
NPD predicts that Modern Warfare will be the top-selling game in the U.S. in 2019.