Crytek Confirms Homefront IP Acquisition by Koch Media; HUNT: Horrors of the Gilded Age Moving to Crytek FrankfurtCategory: Gaming
Posted: July 30, 2014 11:32AM
Earlier today, Deep Silver and Koch Media announced that it had acquired the Homefront IP from Crytek less than a week after Crytek revealed it was going through a "transitional phase." Crytek has now released a statement that confirms the acquisition, as well as addresses the rest of the changes taking place at the company. First off, Crytek says that in accordance with English law, the Homefront team from Crytek's Nottingham studio will be transferring over to Koch Media's newly formed Deep Silver Dambuster Studios to continue their work on Homefront: The Revolution; though the deal still has to be finalized.
The other major change is that development of HUNT: Horrors of the Gilded Age will be moving from Crytek USA in Austin to Crytek Frankfurt, the company's headquarters. However, Crytek will retain a smaller presence in Austin, "with several staff members maintaining the CRYENGINE support team to assist North American licensees." Those that are not part of the support team are invited to apply for new positions at Crytek in Germany. Crytek's studios in Budapest, Istanbul, Kiev, and Sofia will be untouched, but "a closer collaboration between Crytek's studios in Shanghai and Seoul is under review."
Crytek founder and CEO, Cevat Yerli, said: "As we look to cement Crytek's future, this strategic deal with Koch Media would allow us to continue with our ambitious goals to become an online publisher. With Warface, Arena of Fate and HUNT, we believe we have the perfect portfolio and teams to make that happen. We would like to thank all our staff – past and present – in both Nottingham and Austin for their contributions to the company, and we wish all the very best to anyone who may no longer be under the Crytek banner moving forward."
Source: Official Site