Crytek comments on acquisition of Homefront IP in THQ auction

Crytek put out a statement today confirming and commenting upon its acquisition of the Homefront franchise in the auctioning of THQ's assets, which was confirmed this morning in a Delaware bankruptcy court.

Crytek acquired the rights to Homefront for $544,218 from THQ, ensuring that it could either self-publish or find a new publisher for Homefront 2, the next game in the franchise which Crytek announced it was working on in late 2011.

"Since we first reached an agreement to develop Homefront 2, we've been firm believers in the IP and its potential to excite and amaze players," Crytek CEO Cevat Yerli wrote in a press release. "Our cooperation with THQ was always positive and we would like to thank them for all their support over the last two years and express our sympathy to those affected by the recent events at the company."

The press release goes on to confirm that "nothing has changed with regards our development of the game," which will continue to be developed at Crytek's Nottingham, U.K. studio.