Factor 5 Confirms Closure of California Studio

The long-rumored closure of California-based Lair and Star Wars: Rogue Squadron series developer Factor 5 Inc. has been confirmed by way of an official announcement.

"The obstacles created by the sudden bankruptcy of Brash Entertainment for the continuation of operations have turned out too great to overcome in the current economic climate," reads a statement from Factor 5 GmbH CEO Achim Moller.

While Factor 5 Inc., formed in 1987, is officially no more, the "entirely unrelated" Factor 5 GmbH--said to have been "creating games since 1998"--is not affected by the "circumstances surrounding Factor 5 Inc.'s recent challenges," Moller explained.

Factor 5 Inc. was known to be working on a number of multi-platform projects, one of which was strongly rumored to be a Superman title. Whether those projects live on at Factor 5 GmbH, which promises to reveal its titles in the coming months, is unknown.