Titan Quest developer closes doors

February 28th, 2008, 20:57 Posted By: Shrygue

via Eurogamer

Iron Lore Entertainment has closed its doors and is no longer making any games.

The Titan Quest developer said "several unrelated events" stopped it gaining crucial funding.

"It is with great regret that we must announce that as of close of business Tuesday, February 19, 2008 Iron Lore Entertainment has ceased active game development," said the statement on its website. "Several unrelated events occurred which resulted in Iron Lore being unable to secure funding for its next project.

"We would like to extend our thanks to everyone who has helped us in the last seven years - our team who moved mountains to create such great games, our publisher THQ who has been a great partner through three product development cycles, and most of all our customers and fans. We owe all of the success we've had to you, and our greatest satisfaction has come from creating games that have given enjoyment to the community."

Iron Lore was formed in 2000 and released its first game, Titan Quest, in 2006. The Diablo-like title scored well among critics and was well recommended by Eurogamer.

It was decorated with an Immortal Throne expansion a year later, before Iron Lore set to work on Dawn of War add-on Soulstorm. Presumably work on that is now finished, given its imminent release on 7th March.

Pity.

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