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Clearly tired of Crytek's "transitional phase," publisher Deep Silver's parent company has acquired the Homefront intellectual property and related assets from Crytek. Homefront: The Revolution was under production at Crytek UK, with recent reports declaring production had halted and the game's director resigned.
The game will now be completed by the newly founded Nottingham-based Deep Silver Dambuster Studio. We've followed up with Deep Silver about whether staff from Crytek UK is transitioning over and will update with any further details.
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FOR IMMEDIATE RELEASE
Koch Media Acquires Homefront® IP - New Development Studio Founded
Nottingham-based Deep Silver Dambuster Studios to take over development of Homefront: The Revolution
Larkspur, Calif., July 30, 2014 - Today, Koch Media together with its publishing label Deep Silver announces that it has acquired the Homefront® brand and all coherent assets from Crytek. This includes Homefront: The Revolution which was previously announced on June 2nd, 2014. The development will be continued in newly founded, Nottingham-based Deep Silver Dambuster Studios.
"We are thrilled to see another great IP joining the Deep Silver universe," says Dr. Klemens Kundratitz, CEO of Koch Media Group. "We strongly believe in the potential of Homefront: The Revolution and trust in the new team to continue the path they have been walking in the last years."
Deep Silver Dambuster Studios is the third development studio within the Koch Media Group, joining Deep Silver Volition and Deep Silver Fishlabs.
http://www.joystiq.com/2014/07/30/homefront-acquired-by-deep-silver-production-of-sequel-to-conti/