10Tacle Studios File Bankruptcy

Rainmaster

Rainmaster

(Banned)
479
Germany-based games publisher 10Tacle Studios has hit serious financial troubles and has filed bankruptcy after being unable to attract new investors. Back in March, 10Tacle first announced financial problems, releasing 25 employees.

This news could provide some shock value to the sim racing community because 10Tacle is strongly affiliated with Blimey! Games and their upcoming Ferrari Project game. Blimey! however has reacted, releasing the following statement by Blimey! CEO Ian Bell:

“Despite 10T’s unfortunate and recently announced insolvency, Blimey! Games is in a very strong position. We have recently signed an unannounced major project for a top tier publisher which secures our continued growth and our Ferrari title remains unaffected. Work will continue as normal at our studio.”

While this is good news, it certainly is sad to hear about 10Tacle’s problems. Founded in 2003, the company was the first publisher freshly-founded Simbin Studio’s could attract to publish GTR, their first ever simulation. 10Tacle went on to publish GT Legends and GTR2, making them a known name among sim racers.

After the announcement, the 10Tacle stock dropped by 76% to 0,32€, the stock’s all-time high was 14,95€ back in May 2007.
Click to expand...

I hope they will recover soon.
 
Yes sad news. Last night i raced in the GC league and many of them are worried about the plight of the GTR2 developer, however some have said this is merely a refreshing exercise of the servers in the build up to the release of GTR-E.

Others have said 10Tac being the developer they have nothing to do with the servers, however it is strange what's happening. So at Gamers Crib are proposing that all the major GTR2 sites like No Grip and GC club together and buy shares in 10Tac and try to save the company...

Also https://www.gtplanet.net/forum/showthread.php?t=109660
 
Last edited:

Latest Posts

Back