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40 jobs saved at Free Radical Design

Administrator confirms Crytek swoop for troubled UK studio

Over 40 jobs have been saved at UK studio Free Radical Design, following its purchase by Crytek last night.

"We are pleased to announce that a sale completed to Crytek late last night thus preserving over 40 jobs," confirmed Cameron Gunn, administrator at ReSolve Partners.

A formal announcement is expected later today. It is not yet clear whether Crytek has acquired the whole business, including intellectual properties such as TimeSplitters and Second Sight.

Free Radical Design went into administration just before Christmas last year, laying off more than 140 positions. However, administrator Resolve was confident of a sale following significant interest.

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.

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