@apujanata, A little update I found on 1Up (almost missed them) : Speaking to 1UP, Cameron Gunn of administrators ReSolve Partners said, "We made around 140 employees redundant yesterday, effective 31 December (the date up to which they had been paid). We're still trading on with the remaining 40 or so employees, have advertised the business for sale and have received some strong interest." An anonymous Free Radical employee had previously said that the company was working on two secret projects which more than one publisher was said to be hoping to get their paws on.
Once bought, the company will obviously lose its status as one of the UK's 150 or so remaining independent developers. The number has fallen sharply in recent years, dwindling from approximately 400 in 2001.
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A little update I found on 1Up (almost missed them) :
Speaking to 1UP, Cameron Gunn of administrators ReSolve Partners said, "We made around 140 employees redundant yesterday, effective 31 December (the date up to which they had been paid). We're still trading on with the remaining 40 or so employees, have advertised the business for sale and have received some strong interest." An anonymous Free Radical employee had previously said that the company was working on two secret projects which more than one publisher was said to be hoping to get their paws on.
Once bought, the company will obviously lose its status as one of the UK's 150 or so remaining independent developers. The number has fallen sharply in recent years, dwindling from approximately 400 in 2001.