Late yesterday, word surfaced that German developer Crytek, known for cutting-edge titles like Far Cry and Crysis, has acquired U.K.-based Free Radical Design, best known for its TimeSplitters franchise (and most recently the Ubisoft published shooter Haze). Today, Cameron Gunn, administrator at ReSolve Partners, confirmed (via GI.biz) the acquisition, although an official announcement from Crytek has not yet been issued.
Word spread in December that Free Radical had been shut down and as many as 140 employees were let go. This move by Crytek reportedly saves about 40 positions at Free Radical.
Free Radical was originally founded in 1999 by several former Rare employees. The full details of the acquisition by Crytek and how the businesses will be combined are not yet known.
Update: Crytek has now issued an official statement, which indicates that Free Radical will become Crytek U.K. Avni Yerli, Managing Director of Crytek, commented, "We're very excited about this step to expand Crytek into the U.K. with such an experienced and highly talented team. Free Radical Design is a great fit to Crytek and its culture, given that Free Radical has a proven track record on delivering high quality games. The combination of this team, the Crytek network and our CryENGINE technology will be a foundation for outstanding gaming experiences and a magnet for the best talent in the U.K."
