Homefront: The Revolution Rights Acquired by Koch Media as Crytek Shares Plans for the Future
Koch Media has recently acquired Homefront and all of its assets from Crytek. Because of that, the development (developers included) of Homefront: The Revolution has been moved to Deep Silver, which works under Koch. To be more precise the newly-founded Nottingham-based Deep Silver Dambuster Studios will take care of it.
Klemens Kundratitz, CEO of Koch Media Group commented in a press release:
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.
Crytek itself sent a separate press release with a detailed explanation about the deal and the company’s future plans:
Following on from a recent announcement that the company’s long term financial status is secure, Crytek has now shared more information on changes they are implementing to optimize their business.
Firstly, Crytek has been in extensive discussions with leading producer and distributor of digital entertainment products, Koch Media, regarding the acquisition of rights for the “Homefront” IP. On completion of the proposed acquisition, the Homefront team from Crytek’s Nottingham studio would transfer their talents to Koch Media in compliance with English law and continue their hard work on upcoming shooter, “Homefront: The Revolution”. Both parties hope to finalize and implement a deal soon.
The internal restructuring will also see the development of Crytek IP, “HUNT: Horrors of the Gilded Age”, transferred from their studio in Austin, USA to Frankfurt. Crytek will retain a presence in Austin, with several staff members maintaining the CRYENGINE support team to assist North American licensees. Employees who are not set to be part of that support team will be invited to apply for new positions at Crytek in Germany.
Crytek’s studios in Budapest, Istanbul, Kiev and Sofia will continue to operate as usual. A closer collaboration between Crytek’s studios in Shanghai and Seoul is under review.
Crytek founder and CEO Cevat Yerli commented:
As we look to cement Crytek’s future, this strategic deal with Koch Media would allow us to continue with our ambitious goals to become an online publisher. With Warface, Arena of Fate and HUNT, we believe we have the perfect portfolio and teams to make that happen. We would like to thank all our staff – past and present – in both Nottingham and Austin for their contributions to the company, and we wish all the very best to anyone who may no longer be under the Crytek banner moving forward.
While we have no precise notice of layoffs, Crytek’s press release seems to hint that developers working in Austin will have to apply for position in Germany. We can only hope that the company will manage to re-allocate most if not all of them.