Crytek lashes out at bankruptcy claims

Crytek is officially in damage control mode, following reports that the Crysis developer is on the brink of bankruptcy. With two big games shown off at E3, the studio outright denies claims that it’s in financial trouble.

The story first popped up in German publication Gamestar, which blamed Xbox One launch title Ryse for the company’s troubles. Reportedly, Crytek has been up to two months late paying its staff – and in some cases, hasn’t paid them at all.

Crytek denies the claims, describing the Gamestar article and the resulting buzz as being merely “rumours”.

We continue to focus on the development and publishing of our upcoming titles Homefront: The Revolution, Hunt: Horrors of the Gilded Age, Arena of Fate, and Warface, as well as providing ongoing support for our CryEngine and its licensees.

We have received a lot of positive feedback during and after E3 from both gaming press and gamers, and would like to thank our loyal employees, fans and business partners for their continuous support.

Speaking anonymously to the media, a Crytek employee claims other companies are trying to hire staff away from the developer, observing that “vultures are circling already”.

One of those vultures – if the rumours are to be believed – is World of Tanks giant Wargaming, said to be interested in buying the entire company.

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