Deep Silver has acquired the Homefront IP from Crytek and transferred development of next year's Homefront: The Revolution over to a new Nottingham-based studio, Deep Silver Dambuster Studios.
The game had previously been in development at Nottingham-based Crytek UK. It isn't yet clear whether Deep Silver has also acquired Crytek UK and renamed the studio, or whether an entirely new studio has been founded to continue development.
"We are thrilled to see another great IP joining the Deep Silver universe," said Koch Media CEO Klemens Kundratitz. "We strongly believe in the potential of Homefront: The Revolution and trust in the new team to continue the path we have been walking in the last years."
Deep Silver's acquisition follows weeks of speculation over Crytek's financial situation, which alleged that Crytek UK employees had been failed to be paid on time.
The dispute allegedly led to the "bulk of employees" refusing to turn up to work.
Last week, however, Crytek publicly acknowledged concerns adding that it had "now laid the foundations for securing Crytek's future - not just in the short term, but also long term."
VideoGamer.com has contacted Crytek and Deep Silver for further comment.
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