Studio Closure For Factor 5

Achim Moller, CEO of Factor 5 has announced via their website that their San Rafael office has closed down, pointing to the “the obstacles created by the sudden bankrupcy of Brash Entertainment for the continuation of operations have turned out too great to overcome in the current economic climate.”

The company that was behind the Star Wars games on the Gamecube, were rumoured to be developing titles on behalf of Nintendo. Some believed, or maybe hoped, that these were new iterations of Kid Icarus and/or Pilotwings for the Wii. If those rumours were true, development would likely be handed over to the German H.O. Maybe there will be news of the gamse at next month’s E3 show in L.A.

To hear more from Achim Moller on the studio’s closure, hit the link. From the CEO’s mouth…

“We are sorry to announce the closure of the San Rafael-based Factor 5, Inc. studio, but the obstacles created by the sudden bankrupcy of Brash Entertainment for the continuation of operations have turned out too great to overcome in the current economic climate.

Factor 5 GmbH, which has been creating games since 1988 with its headquarter in Cologne, Germany, is entirely unrelated to Factor 5, Inc. and the circumstances surrounding Factor 5 Inc.’s recent challenges. Altough we are saddened by Factor 5 Inc.’s situation, our corporation will remain unaffected by these developments and has partnered with both old and nwe friends in the industry who will reveal our upcoming projects over the next months.

We would like to thank everybody on the publishing and development side who have supported us throughout the last 20 years and continue to do so. The current transition of the games industry is challenging, but as with transitions prior there is more opportunity than ever for independent development out there.”

Source: Factor 5