News

Hydrophobia Developer Enters Administration

It seems that the Hydrophobia creator is set to close its doors after struggling to balance the books following the game’s poor performance at market, according to GamesIndustry International.

Sources told the site that administrators Leonard Curtis moved in last Friday to oversee the operation, and that the developer’s physical assets and IP – which include the purpose-built water physics engine HydroEngine – could be picked up at a bargain price by newly formed outfit Dark Energy Publishing as part of a pre-pack administration.

Dark Energy Publishing was set up in January by Dark Energy Digital’s owners Pete and Deborah Jones, as well as the company’s technical director Gary Leach.

GamesIndustry was also informed that staff wages are somewhat in lieu, but this has yet to be confirmed.

Source: CVG

Peter Donnell

As a child in my 40's, I spend my day combining my love of music and movies with a life-long passion for gaming, from arcade classics and retro consoles to the latest high-end PC and console games. So it's no wonder I write about tech and test the latest hardware while I enjoy my hobbies!

Disqus Comments Loading...

Recent Posts

Electronic Arts Titles Played for Over 11 Billion Hours in 2024

Electronic Arts (EA) announced today that its games were played for over 11 billion hours…

5 days ago

Just 15% of Steam Gaming Time in 2024 Was Spent on New Releases

Steam's annual end-of-year recap, Steam Replay, provides fascinating insights into gamer habits by comparing individual…

5 days ago

STALKER 2 Gets Massive 110GB Patch With 1800+ Fixes

GSC GameWorld released a major title update for STALKER 2 this seeking, bringing the game…

6 days ago

Intel Unveils Core 200H Processors Based on the Previous Raptor Lake Refresh

Without any formal announcement, Intel appears to have revealed its new Core 200H series processors…

6 days ago

Ubisoft Reportedly Developing a New Quadruple A Game

Ubisoft is not having the best of times, but despite recent flops, the company still…

6 days ago

STALKER 2: Heart of Chornobyl Update 1.1 Fixes 1,800 Issues and Revamps A-Life 2.0

If you haven’t started playing STALKER 2: Heart of Chornobyl yet, now might be the…

6 days ago