A post on the Iron Lore Entertainment website announces that the Titan Quest developer is shutting down, having been unable to secure financing 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," reads the statement.

"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."

Publishers or developers interested in hiring Iron Lore talent are asked to contact pchieffo@ironlore.com; the same email address can also be used for inquiries on technology licensing.

In addition to Titan Quest and the Immortal Throne expansion pack, Iron Lore recently developed the Warhammer 40,000: Dawn of War expansion pack Soulstorm.