Bizarre Creations, the UK developer behind Project Gotham, Blur and Geometry Wars, is increasingly likely to close its doors after Activision recommended such action to the studio and its parent corporation today.
The move comes after the company spent nearly three months searching for a buyer to keep the studio operating as a single business concern after staff were placed on a 90 day notice period in November.
Activision COO Coddy Johnson made a statement to Develop Online explaining the decision earlier today.
"We've recommended a final option with the Bizarre team today. We've looked at all options. I want to be clear, our first choice was to try and keep this group together and find a buyer for the studio.
"We explored a lot of leads pretty much anyone you can imagine in the industry. Unfortunately, so far we've not been able to find and interested parties.
"So we've made as a last resort, a recommendation to the team for closure."
Blur was an experimental new IP for the studio, moving away from the more accurate simulation driving games which the studio had previously been known for, and was reported to have sold less that less than 200,000 copies in its month of release.
Then, in November last year, stories began to emerge that the studio was looking at redundancies and a possible closure, with Activision looking to find a buyer as soon as possible. Despite rumours that several parties were interested in the acquisition, none have yet emerged.