Gothic And Elex Dev Piranha Bytes Addresses "Difficult Situation"
The studio addresses closure rumors
The studio also explained it is still looking for a partner on its next project and will provide an update as soon as it can. Piranha Bytes was founded in 1997 and bought by Phenomedia in 1999. Phenomedia went bankrupt in 2002 and Piranha Bytes management bought out the studio. It was independent until 2019 when it was acquired by THQ and Embracer Group.
It's possible that Piranha Bytes' current situation is linked to the fallout of Embracer Group's alleged 2 million dollar deal with a Saudi-backed game company. Embracer has already shut down multiple studios, including Volition and Free Radical Design, while layoffs have taken place a other companies it owns. Piranha Bytes' latest game, Elex 2, was released in 2022 for PC, PS4, PS5, Xbox One, and Xbox Series X|S. It received mixed reviews on Metacritic, averaging a score of 64.
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ELEX II PC PlayStation 4 PlayStation 5 Xbox One Xbox Series X Nintendo SwitchThis story originally appeared on: GameSpot - Author:UK GAG
