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Volition Video games has introduced that its guardian firm, Embracer Group, is shutting the studio down. The studio was the developer behind the newest Saints Row reboot.
In an replace on LinkedIn, Volition mentioned, “This previous June, Embracer Group introduced a restructuring program to strengthen Embracer and preserve its place as a pacesetter within the online game business. As a part of that program, they evaluated strategic and operational objectives and made the tough determination to shut Volition efficient instantly.”
The assertion continued, “To assist our group, we’re working to offer job help and assist clean the transition for our Volition members of the family. We Thank our clients and followers around the globe for all of the love and help over time. You’ll all the time be in our hearts.”
Volition Video games is closing, efficient instantly https://t.co/Dob9NBW7He pic.twitter.com/5dr7zbHcgA
— Wario64 (@Wario64) August 31, 2023
Whereas it is principally identified for Saints Row as of late, Volition is a historic studio relationship again to the mid-90s, with classics together with Descent, Freespace, and Purple Faction. It was in a position to survive THQ’s chapter in 2012 earlier than being acquired by Koch Media. Its most up-to-date launch was the reboot of Saints Row, which drew combined evaluations. Embrace has confirmed that it nonetheless owns the Saints Row and Purple Faction franchises.
Earlier this yr, Embracer Group introduced that it could begin to shut studios and cancel video games as a $2 billion deal fell by way of on the final second. Whereas Embracer didn’t disclose who the companion was, it was reportedly Savvy Video games Group, a Saudi authorities funded firm.
Embracer Group has been on an acquisition spree over the previous few years, together with being the house owners of Crystal Dynamics and Gearbox, offering useful online game properties corresponding to Tomb Raider, Deus Ex, and Borderlands.
Volition isn’t the one studio that introduced it could be closing. Earlier this week, Mimimi Video games revealed that it could slowly shut down over the following few months as Shadow Gambit: The Cursed Crew could be its remaining sport.
George Yang is a contract author for IGN. He is been writing concerning the business since 2019 and has labored with different publications corresponding to Insider, Kotaku, NPR, and Selection.
When not writing about video video games, George is enjoying video video games. What a shock! You possibly can comply with him on Twitter @Yinyangfooey
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