Titan Quest developer Iron Lore closes down

Worst news ever. Iron Lore, the studio behind Diablo-clone Titan Quest and the upcoming Soulstorm expansion to Relic's Dawn of War, has closed down, the studio has just confirmed.

"It is with great regret that we must announce that as of close of business Tuesday, February 19, 2008 Iron Lore Entertainment has ceased active game development," said a statement on the company's site. "Several unrelated events occurred which resulted in Iron Lore being unable to secure funding for its next project.

"We would like to extend our thanks to everyone who has helped us in the last seven years – our team who moved mountains to create such great games, our publisher THQ who has been a great partner through three product development cycles, and most of all our customers and fans. We owe all of the success we’ve had to you, and our greatest satisfaction has come from creating games that have given enjoyment to the community.

"While Iron Lore will not continue, the talent of the team is embodied in the individuals now available for other opportunities. If you are a developer or publisher looking to hire top-notch experienced developers, please send an email to pchieffo “at” ironlore “dot” com and we will be happy to facilitate recruiting with you.

"Iron Lore also owns it’s powerful and flexible engine and tool set, and is actively pursuing licensing opportunities. If you are interested in further information about the technology and licensing options, please contact pchieffo “at” ironlore “dot” com."

We're playing Titan Quest at the moment. It's wicked, so this makes us genuinely sad. Good luck to you all.