Crytek acquires rights to Homefront IP
Developer was already working on sequel for THQ
Crytek has followed up on last night's news on their acquisition of the intellectual property rights for the Homefront franchise following an auction of assets by THQ.
Crytek’s association with the Homefront IP began in autumn 2011, when the developer announced it would be creating the second game in the series in partnership with THQ. Following THQ’s recent decision to file for chapter 11 bankruptcy and the subsequent sale of the publisher’s assets, Crytek submitted the high bid at auction to secure the rights to the Homefront franchise.
Crytek CEO, Cevat Yerli, said: “Since we first reached an agreement to develop Homefront 2, we’ve been firm believers in the IP and its potential to excite and amaze players. Our cooperation with THQ was always positive and we would like to thank them for all their support over the last two years and express our sympathy to those affected by the recent events at the company.”
Development work on the yet-unannounced sequel will continue at Crytek’s UK studio in Nottingham.
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