Hellblade Developer Ninja Theory Heading Towards Closure in New Wave of Xbox Cuts, as Two Separate Agreements Collapse
Microsoft said two separate sale agreements fell through, leaving Ninja Theory in consultation over a proposed closure.
10 Articles
10 Articles
Hellblade developer Ninja Theory heading towards closure in new wave of Xbox cuts, as two separate agreements collapse
Ninja Theory - developer of the Hellblade series of games, Enslaved: Odyssey to the West, DmC: Devil May Cry, and Heavenly Sword - is entering consultation in preperation for the studio's closure as part of today's sweeping Xbox cuts and layoffs.
Microsoft Closing Hellblade Dev Ninja Theory After Failed Buyout Talks
Two firms considered acquisition.As part of another wave of Xbox job losses, Microsoft has confirmed it intends to shutter Hellblade studio Ninja Theory.Previously, it was thought the British team had found a buyer, just like the State of Decay 3 team Undead Labs. However, an update from Xbox executive Matt Booty revealed that talks with two separate companies surrounding an acquisition had failed.Read the full article on pushsquare.com
Apparently two different negotiations for the disposal of Ninja Theory did not go into port, and consequently Hellblade's study is preparing for closure.
Xbox Warns That Ninja Theory Could Be Closed As Two Agreements Fall Through
But they're "continuing to explore other paths forward".A couple of months ago, Xbox announced that it would be saying goodbye to four studios in Compulsion Games, Double Fine, Ninja Theory and Undead Labs, with the latter two being sold off. Hellblade developer Ninja Theory is apparently in particularly dire straits though, with Xbox warning that the studio could be closed down.This is apparently because two separate agreements to sell the stud…
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