IO Interactive is now on the market for a potential publisher to pick up. The Hitman developer has been cut loose by Square Enix in a move that will supposedly make up for an "extraordinary loss" of $43 million.
Square Enix made the announcement in a letter to investors in Japan.
To maximize player satisfaction as well as market potential going forward, we are focusing our resources and energies on key franchises and studios. As a result, the Company has regrettably decided to withdraw from the business of IO INTERACTIVE A/S, a wholly‐owned subsidiary and a Danish corporation, as of March 31, 2017
IO Interactive also confirmed the news on Twitter as fans reached out with sympathy.
Thanks for tweeting us. There's a lot going on right now and we'll have more to say at a later point. For now, back to making games.— IO Interactive (@IOInteractive) May 11, 2017
Square Enix acquired IO Interactive when it bought Eidos back in 2009. Under its umbrella, the studio developed Kane & Lynch 2: Dog Days, Hitman: Absolution, and Hitman.
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Man, what a great video game. If EA pick up IO Interactive in the sale, the dream could still be alive!
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