Free Radical put up for sale as jobs cut
Free Radical still exists, that we can confirm, but things aren't looking good with more than 75% of the workforce now made redundant (over 140 employees); the developer officially up for sale.
The Nottingham-based game developer entered administration in the run up to Christmas, with Resolve Partners appointed to make the best of a bad situation.
Cameron Gunn, representing the administrators, reveals that there has been a lot of interest from third-parties considering the purchase of the developer, other gaming firms presumably eying IP like TimeSplitters with interest.
Forty employees remain at Free Radical, the 140 redundancies effective from the end of the year.
It remains to be seen if something of Free Radical can be saved, but with costs now dramatically cut there certainly seems to be a good chance of something being salvaged.
- Darth Revan to make a return in Star Wars: The Old Republic
- Quake Live arrives on Steam
- Survivor mode to bring lots of extra content for Alien: Isolation
- Microsoft to release a special version of the Xbox One controller for PC
- Don't be fooled by the violins and sunflowers, The Evil Within's TGS trailer is scary
- 2K Games revives the NHL 2K franchise for mobiles
- Sledgehammer bringing a touch of Dead Space's immersive design to Call Of Duty: Advanced Warfare
- 343 on the absence of Halo 3: ODST and Halo: Reach from the Master Chief Collection: We ran out of disc space
- Latest PS3 update for Minecraft adds save transfer to PS4 support, Vita version still in testing