Thu, 01 Mar 2012 | ADMINISTRATION
The Manchester-based game developer behind the Xbox Live Arcade game ‘Hydrophobia’, Dark Energy Digital, is being placed into administration.
It is understood that the administration process will commence within the next two weeks, and that the employees have been informed of the decision.
The bosses at the firm have registered a new company with the name of Dark Energy Publishing, sparking rumours that it will acquire the assets of Dark Energy Digital when it enters administration.
The game ‘Hydrophobia’ had unique water effects, but was a weak seller and did not fare well with critics. A subsequent version ‘Hydrophobia Pure’ was released to rectify related issues, and a later version ‘Hydrophobia Prophecy’ featured new levels.
It is thought that the graphics technology behind the ‘HydroEngine’ water effect in ‘Hydrophobia’ could be sold off by the administrators. The ‘HydroEngine’ took years of intensive development, according to the website, and features water that mimics the movement of real life water.
Other assets that could be sold by the administrators are the World Championship Snooker IP and an almost completed Pool game.
Dark Energy Digital was previously known as Blade Interactive, before it folded in 2008.
An established, award-winning care home with nursing, that is located in a popular East Midlands town and has come to market for the first time so that our client can retire.
For sale a lucrative portfolio of residential care homes conveniently clustered in the Northwest of England, offering residential and dementia care.
A profitable care home with nursing located in an East Midlands town. Well-presented and extended accommodation with 57% of the ground floor bedrooms being ensuite.
03
|
May
|
Three Aberdeen legal firms merge to form all-service provider | MERGER
Three prominent Aberdeen legal businesses have merged to for...
03
|
May
|
BGF-backed asbestos services firm makes third acquisition | BUSINESS SALE
Environmental Essentials, a specialist asbestos services fir...
03
|
May
|
Logistics firm acquires pair of Derbyshire businesses | BUSINESS SALE
A logistics firm headquartered in Preston has acquired a pai...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.