Factor 5 - San Rafael portion closes, Factor 5 GmbH remains functional

We are sorry to announce the closure of the San Rafael-based Factor 5 Inc. studio, but the obstacles created by the sudden bankruptcy of Brash Entertainment for the continuation of operations have turned out too great to overcome in the current economic climate.

Factor 5 GmbH, which has been creating games since 1998 with its headquarters in Cologne, Germany, is completely unrelated to Factor 5 Inc. and the circumstances surrounding Factor 5 Inc.’s recent challenges. Although we are saddened by Factor 5 Inc.’s situation, our corporation will remain unaffected by these developments and has partnered with both old and new friends in the industry who will reveal our upcoming projects over the next months. - Factor 5 statement

I don’t know why it took so long for us to get an confirmation on this. We’ve all been suspecting it for months. At least we know that there’s one part of Factor 5 that is still doing well. I wonder what this means for those Wii projects we heard all about… Thanks to Golbez and AusGamer for the heads up!

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