Piranha Bytes, the Embracer-owned developer of Gothic, Risen, and Elex, has shut down

The Embracer Group subsidiary Piranha Bytes has reportedly shut down. In January the developer told fans that it was eager “to find a partner” to ensure that its current projects would continue but, as of the end of June, it appears that the studio was unable to find a way to stay open.Although there has been no official comment from Piranha Bytes or Embracer Group, the closure was reported by trade publication gamesindustry.biz, who cite a recent story from the

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