informa
2 min read
article

Swedish Developer GRIN To Close Its Doors

Following recent Gamasutra reports of heavy layoffs, Swedish Bionic Commando and Terminator: Salvation developer GRIN confirmed that it is closing its doors due to "an
Swedish Bionic Commando and Terminator: Salvation developer GRIN has shed light on widespread media reports of trouble at the studio, announcing today that it must close down completely due to cash flow issues. Gamasutra yesterday reported widespread layoffs and studio closures at the Stockholm-headquartered developer's Gothenburg and Barcelona locations. Today on GRIN's official site, co-founders Bo and Ulf Andersson confirmed that the challenges are absolute. "Too many publishers have been delaying their payments, causing an unbearable cashflow situation," said the company's co-founders on GRIN's official site. "After twelve years of hard work, employing hundreds of wonderfully talented men and women, it is over. It has been a great adventure and the GRIN family has experienced what few have." With titles including Ballistics, Bandits, Ghost Recon Advanced Warfighter 1 and 2 for PC, Bionic Commando Rearmed and Terminator: Salvation under its belt, the company has seen a considerable rise in the last few years. Though it was founded in 1997, it was not until it was given responsibility for the PC versions of the GRAW games that GRIN started gaining repute as a company. Since then, it has opened additional locations and attracted an increasing number of development deals from major publishers before running into trouble earlier this year as its projects received weaker-than-expected sales and critical reception. GRIN had an unknown project in development, and the Andersson's farewell note references "our unreleased masterpiece that we weren’t allowed to finish."

Latest Jobs

Treyarch

Playa Vista, California
6.20.22
Audio Engineer

Digital Extremes

London, Ontario, Canada
6.20.22
Communications Director

High Moon Studios

Carlsbad, California
6.20.22
Senior Producer

Build a Rocket Boy Games

Edinburgh, Scotland
6.20.22
Lead UI Programmer
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more