Embracer closes Volition developer of Freespace, Red Faction, Saints Row

Well, there goes another big industry name. Embracer Group, who currently own a stupidly vast portfolio of developers and publisher has shut down Volition.

The news was shared by Volition on their LinkedIn that reads:

The Volition team has proudly created world-class entertainment for fans around the globe for 30 years. We've been driven by a passion for our community and always worked to deliver joy, surprise, and delight.

This past June, Embracer Group announced a restructuring program to strengthen Embracer and maintain its position as a leader in the video game industry. As part of that program, they evaluated strategic and operational goals and made the difficult decision to close Volition effective immediately.

To help our team, we are working to provide job assistance and help smooth the transition for our Volition family members. We thank our customers and fans around the world for all the love and support over the years.
You will always be in our hearts.

A shame to see such a name shut. That said, their latest release with the Saints Row reboot didn't exactly gain recognition. It also caused Volition to move under Gearbox. Embracer themselves said that Saints Row had "left the fanbase partially polarized" although the game had "performed in line with management expectations in the quarter".

This won't be the last getting shut, as Embracer previously announced a comprehensive restructuring program.