Don't miss
  • 12
  • 6468
  • 6097
  • 20

Crytek rescues Free Radical

By on February 4, 2009
Print Friendly

Develop reports that German developer Crytek has acquired the business and assets of Free Radical from the administrator, saving 43 jobs.

The fact that Free Radical owned the intellectual property to some of its games must have been of substantial assistance to the administrator as they sought a buyer, although it is interesting that it was a developer rather than a publisher that acquired the assets.

About Nicholas Lovell

Nicholas is the founder of Gamesbrief, a blog dedicated to the business of games. It aims to be informative, authoritative and above all helpful to developers grappling with business strategy. He is the author of a growing list of books about making money in the games industry and other digital media, including How to Publish a Game and Design Rules for Free-to-Play Games, and Penguin-published title The Curve:
  • Tom Jubert

    I think this can only be a good thing.

    It’s rare for an independent developer to own a huge IP like Timesplitters, so pleased to see ownership has passed to another developer – even if it is a significantly larger one.

    Let’s hope Crytek upper management puts what’s left of the team (about 1/3?) to good use, rather than just using ‘Crytek UK’ as a Blighty base of operations.

    Despite the high profile fail that was Haze, it still surprises me that Splitters 4 alone wasn’t enough to keep the studio bouyant.