We got wind of a possible shutdown of developer Factor 5,, Inc a full five months ago, but of course we hoped that wasn't true. After all, no one wants to see a developer go out of business. Today the official website was updated with confirmation that the rumor is indeed true. See below for the final goodbye from Factor 5 GmbH CEO Achim Moller:
We are sorry to announce the closure of the San Rafael-based Factor 5 Inc. studio, but the obstacles created by the sudden bankruptcy of Brash Entertainment for the continuation of operations have turned out too great to overcome in the current economic climate.
Moller goes on the clarify that the Factor 5GmbH division (based in Germany) is fine and unrelated to this shutdown of the Factor 5 division based in San Rafael. Well, that's that. Destructoid would like to say we hope for the best for employees who lost their job in this and best of luck in the future.