Source: MCV

simbin: SimBin goes bankrupt, re-opens as new studio

Swedish developer SimBin Studios has gone bankrupt, former COO Christopher Speed has told Develop.He said the company had “decided to go through a re-structuring process and the easiest way to do this was through a bankruptcy”. In total 18 staff were affected.Following the bankruptcy proceedings Speed has formed a new company named Sector 3 Studios, which will continue to work on RaceRoom Racing Experience.Head over to Develop for more info.

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Est. Annual Revenue
$100K-5.0M
Est. Employees
1-25
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