Embracer-owned studio Piranha Bytes acknowledges “difficult situation” as it faces potential closure

The Embracer-owned studio Piranha Bytes, developer of the Gothic, Risen and Elex games, has acknowledged it’s in “a difficult situation” as it faces potential closure.

An announcement from the studio on X (formerly Twitter) states “don’t write us off yet” as it aims to “do whatever it takes” to find a partner for its next project.

It’s unclear what this next project will be, but this statement suggests it won’t be backed by Embracer.

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