GreedFall developer Spiders has confirmed that it is shutting down and will cease operations immediately.
The studio, known for its work on the RPG series GreedFall, has been in operation since 2008 and found success with its titles, including GreedFall, which sold over 2 million copies in its first three years.
Despite this, Spiders' parent company, Nacon, filed for insolvency and attempted to sell the studio, but a buyer could not be found, resulting in the studio's closure.
The planned DLC for GreedFall: The Dying World will still be released via Nacon, but after that, the studio will cease to exist.