Developer Ascaron Enters Bankruptcy

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Ascaron, developer of the Sacred games (published by CDV Entertainment), posted a notice on its official site that on April 14, the company went into administration in Germany. That's bankruptcy in more American terminology. Ascaron noted that development on the console versions of Sacred 2 is complete and those games will still ship next month.
Ascaron noted that "Ascaron has already begun negotiations with several well-known interested parties to discuss a positive takeover."

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This page contains a single entry by Editor published on April 20, 2009 11:45 PM.

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