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Edge of Eternity Developer Midgar Studio Liquidated

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SummarySYNTHESIZED

A French court has ordered the liquidation of Midgar Studio, the developer behind Edge of Eternity. Despite efforts to find a buyer, no deal was secured. This follows insolvency filings by its owner Nacon and other subsidiaries.

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3 articles
Gamedeveloper.com

Edge of Memories developer Midgar Studio is being liquidated

A French court has ordered the liquidation of Edge of Memories developer Midgar Studio, following an insolvency filing by its owner, Nacon. Despite efforts to find a buyer, no deal could be completed in time. Nacon and other subsidiaries like Spiders, Kylotonn, and Cyanide also filed for insolvency earlier this year due to financial issues with their parent company, Bigben Group.

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Games Industry

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Valve engineers have stated that memory and storage supply issues for the Steam Machine are worsening, with retail availability lagging bulk supply by three to six months due to high demand from the AI industry. Despite these challenges, Valve insists the Steam Machine's roadmap will not be impacted. Separately, Midgar Studio has been ordered to liquidate after failing to secure a buyer, with founder Jérémy Zeler-Maury expressing deep regret over the closure.

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Games Industry

Court orders Midgar Studio to liquidate after failing to secure a buyer

Midgar Studio, the developer behind Edge of Eternity, is closing down after a court ordered its liquidation due to failure to secure a buyer. Founder Jérémy Zeler-Maury expressed his sadness at the closure, thanking the team, partners, and players for their support over the studio's 18-year history. Nacon subsidiaries Spiders and Kylotonn also recently filed for insolvency.

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