Koch Media has acquired the Homefront IP and assets from Crytek, and the development of HUNT: Horrors of the Gilded Age, has been transferred to its Frankfurt studio.
“Crytek has been in extensive discussions with leading producer and distributor of digital entertainment products, Koch Media, regarding the acquisition of rights for the “Homefront” IP,” Crytek said in a statement to GamesIndustry.biz, in part. “On completion of the proposed acquisition, the Homefront team from Crytek’s Nottingham studio would transfer their talents to Koch Media in compliance with English law and continue their hard work on upcoming shooter, “Homefront: The Revolution”.”
Crytek also confirmed that its IP HUNT: Horrors of the Gilded Age will have its development transferred from its studio in Austin to Frankfurt. The Austin-based studio will retain “several staff members” to maintain the CryEngine support team to assist with North American licensees. “Employees who are not set to be part of that support team will be invited to apply for new positions at Crytek in Germany.”
Cytek founder and CEO, Cevat Yerli said: “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.”