Bionic Commando and Terminator Salvation developer, GRIN has joined the boat of unfortunate devs that have had to close their doors. It's not all bad news though. With the closing of this door, several of the former GRIN employees have started off on their own, opening up many new possibilities!
After releasing this statement, GRIN says goodbye:
"It is with a heavy heart we announce today that Grin has been forced to close its doors, this as too many publishers have been delaying their payments, causing an unbearable cashflow situation."
As previous closures have had, this studio gives life to a new studio out of its ashes. Outbreak Studios will pick up some of GRINS pieces, with a plan to focus on downloadable games for our pleasure.
"Outbreak Studios believes in having a small number of core employees that are extremely dedicated, focused and deliver high quality, Most of our associates have worked in the games industry for more than ten years. All of them have worked together for several years."
Source: Arstechnica.com