After weeks of rumours suggesting that the company was of the verge of collapse, Crytek has issued a statement claiming to have secured new capital. The statement, printed in full by PC Gamer notes that the team most famous for its work on the Far Cry and Crysis franchises has been attempting to restructure its business.
“Like the games industry as a whole,” the statement reads, “Crytek has been in a transitional phase. Our evolution from a development studio to an Online-Publisher has required us to refocus our strategies. These challenges go along with an increased demand for capital which we have secured.”
In recent years, Crytek has moved away from traditional blockbusters and focused more of its energies on free-to-play offerings like Warface and the recently announced Arena of Fate.
Though the source or extent of the claimed capital injection is thus far unknown, it could help to shore up confidence in the company. According to sources cited by Eurogamer, there have been dozens of staff departures from Crytek in recent months. Could this latest news stem the tide?