In some unfortunate news, it seems that UK development outfit Free Radical Design has been closed as of today. Employees arrived this morning to find themselves locked out of the offices, a meeting occurred later on with the announcement of the company's imminent closure.
Things don't look particularly good as FRD enters an administration period, but they could still potentially be saved. Cameron Gunn of Resolve Partners spoke:
"We will be spending the next three or four days assessing the financial position of the company but it's business as usual, although we have asked that almost all of the employees apart from a skeleton crew remain at home".
"All employees have been paid up until the end of December and we hope to make another announcement before Christmas or very soon thereafter".
Free Radical's best games were the popular TimeSplitters series. It's thought this closure is due to the failing of Haze, a PS3 exclusive. There was hope that TimeSplitters 4 may be heading to Wii, now it may not be heading anywhere at all.
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