News Article

TimeGate Lays off Staff

Posted by Ken Barnes

Section 8, Aliens: Colonial Marines developer closes doors.

According to a report from Kotaku, one of the two studios behind the much-troubled Aliens: Colonial Marines - TimeGate - has shut the doors and laid off all of its staff today.

The studio had been facing financial difficulties for a while and filed for Chapter 11 bankruptcy last week. Publisher SouthPeak Interactive applied to convert that Chapter 11 filing into a Chapter 7 liquidation and if the rumours are true, it looks like their wish was granted.

We at Pure Xbox send our sympathies to all the ex-TimeGate staffers, and wish them the very best for the future.

[via kotaku.com]

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