The company was founded as Ino-Co in 2004 and it is based in Krasnodar, Russia. In the summer of 2007 the development studio was acquired by 1C Company and renamed 1C: Ino-Co. The team's first release was the fantasy strategy game Fantasy Wars (2007) and they are currently working on the strategy title Majesty 2.

The company was founded as Ino-Co in 2004 and it is based in Krasnodar, Russia. In the summer of 2007 the development studio was acquired by 1C Company and renamed 1C: Ino-Co. The team's first release was the fantasy strategy game Fantasy Wars (2007) and they are currently working on the strategy title Majesty 2.