A message from Epic Games founder, Tim Sweeney, confirmed the closure of Impossible Studios.
Impossible Studios was comprised of employees from Big Huge Games and was formed a little over six months ago. Sweeney has stated that the employees will receive three months’ severance as well as the ability to form a new company using the Impossible Studios name and logo.
Due to the closure of the studio Infinity Blade: Dungeons has been put on hold.
(Source: Epic Games)
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