Embracer Group closed Volition, developer of Saints Row and Red Faction during the restructuring
Volition Studio, which celebrated its thirtieth anniversary two months ago, is closing.
Information about this first appeared in the Twitter feeds of the company’s employees. Then the confirmation was published on the official Volition website.
The liquidation is explained in a public statement as follows: “This June, Embracer Group announced the launch of a restructuring program for the company. Its task is to strengthen the Embracer Group, strengthen its position as a leader in the video game industry. As part of this program, the company made a difficult decision to immediately close Volition.”
This is not the first time that information has appeared about the restructuring of Embracer Group. Back in May, it became known that the holding company had a $2 billion deal. The failed partner was Savvy Games Group, a fund from Saudi Arabia.
Volition released its last game a year ago. It was called Saints Row. It was assumed that the project would restart the eponymous series, which currently has seven titles.
The game was coldly received by the players and the press. The number of positive reviews on Steam is 60%, and the average score on Metacritic is around 65 points out of 100. Embracer Group, which owns the studio, later noted that Saints Row did not fully meet expectations.
At the peak of the game’s development, the studio employed around 230 people.
Founded in 1993, Volition, in addition to Saints Row, was famous for the Descent, FreeSpace and Red Faction series.
