Gaming accent maker and writer Nacon recordsdata for insolvency

French AA gaming developer and accent producer Nacon has filed for insolvency after its majority shareholder Bigben didn’t make a mortgage compensation, the corporate mentioned in a press release. “To date, the company reports available assets do not allow it to meet its liabilities,” Nacon wrote. The goal with insolvency, it mentioned, was to permit “continued operation, protect employees and maintain jobs while renegotiating with its creditors.”

Nacon is behind the video games Styx: Blades of Greed and was set to publish Terminator: Survivors earlier than that title was delayed. It printed Hell is Us final 12 months to some reward, however Test Drive Unlimited Solar Crown was buggy on launch and failed to search out a lot of an viewers. The firm will stream its subsequent Nacon Connect presentation on March 4, and can supposedly exhibit some new video games and photographs for beforehand revealed video games like Endurance Motorsport Series and Cthulhu: The Cosmic Abyss.

The firm additionally makes {hardware} like controllers and headsets and racing sim equipment by way of its Revosim model. Those merchandise by no means actually caught on with mainstream players however did have some success with the professional gaming crowd.

With Nacon’s insolvency, the way forward for these video games and equipment is now in query. A courtroom will determine on the corporate’s insolvency request at a listening to in early March, however within the meantime, buying and selling of its shares is suspended.