Gust still doing new IP
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Koei Tecmo bought developer Gust in 2011. According to a recent press release, Koei is absorbing its former subsidiary, which is known for the Atelier and Ar tonelico series.
While Gust will no longer exist as a company, the Gust “brand” will still exist, according to Dual Shockers, and its development prowess expanded; part of the explained reason for the merger is developing new IP at Gust’s Nagano studio.
Development on existing IP (Atelier, Ar tonelico et al) will continue as well
Merger Between Koei Tecmo and Gust Announced With New IP in the Pipeline [Dual Shockers]
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