On July 4, 2007, the company announced a merger with Mag Garden, forming a new holding company called IG Port. IG Port has become the parent company of Production I.G, Signal.MD and Wit Studio. Xebec was formerly a part of IG Port until November 20, 2018, when it was sold to Sunrise. On January 12, 2018, it was announced that Xebec's subsidiary, Xebeczwei, was announced to have been given to I.G as a subsidiary studio, and that work on "Fafner in the Azure: The Beyond" would proceed as planned. The studio is planned to be renamed to IGzwei following the transfer.