Deep Silver Buys Homefront IP from Crytek, Founds New Studio
Deep Silver has purchased the rights to the Homefront IP from Crytek, and will form a new studio to continue development on Homefront: the Revolution.
There’s been a lot of speculation about the future of Homefront: the Revolution in the wake of the financial problems swirling around Crytek. Today, some of that speculation can be put to rest, as Koch Media and Deep Silver have announced the purchase of “the Homefront brand and all coherent assets” from Crytek. In a press release, the company wrote that the development of Homefront: the Revolution will be continuing in a new studio – Deep Silver Dambuster Studios – based in Nottingham, UK.
Dr. Klemens Kundratitz, CEO of Koch Media Group, is quoted in the release, saying,
“We are thrilled to see another great IP joining the Deep Silver universe. We strongly believe in the potential of Homefront: The Revolution and trust in the new team to continue the path they have been walking in the last years.”
There’s no word on whether this deal is part of the ‘additional capital’ Crytek said they had acquired to allow them to “concentrate on the long term strategic direction” of the company. There’s also no information whether any of the Crytek UK developers that had walked out of the job due to non-payment will be joining the new studio.
We reached out to Deep Silver for more information on the deal, but were told that at this time, there is no firther information on the studio or the deal.