French AA gaming developer and accent producer Nacon has filed for insolvency after its majority shareholder Bigben did not make a mortgage reimbursement, the corporate mentioned in a press launch. “To this point, the corporate studies out there belongings don’t permit it to satisfy its liabilities,” Nacon wrote. The target with insolvency, it mentioned, was to permit “continued operation, defend staff and preserve jobs whereas renegotiating with its collectors.”
Nacon is behind the video games Styx: Blades of Greed and was set to publish Terminator: Survivors earlier than that title was delayed. It revealed Hell is Us final yr to some reward, however Check Drive Limitless Photo voltaic Crown was buggy on launch and failed to seek out a lot of an viewers. The corporate will stream its subsequent Nacon Join presentation on March 4, and can supposedly exhibit some new video games and photographs for beforehand revealed video games like Endurance Motorsport Collection and Cthulhu: The Cosmic Abyss.
The corporate additionally makes {hardware} like controllers and headsets and racing sim equipment by way of its Revosim model. These merchandise by no means actually caught on with mainstream players however did have some success with the professional gaming crowd.
With Nacon’s insolvency, the way forward for these video games and equipment is now in query. A courtroom will determine on the corporate’s insolvency request at a listening to in early March, however within the meantime, buying and selling of its shares is suspended.
