Bigpoint has confirmed that its mobile development business is closing, resulting in 29 employees being let go. This follows the departure of managing directors Philip and Tobias Reisberger and the confirmed resignation of Nils Holger Henning, chief communication officer, who is leaving the business to form a start-up with financial assistance from Bigpoint.
“I’m a big believer in mobile, it’s going to change many things in the games industry. But I also think it’s not the right time at the moment to be in this market because to generate revenues in this market is very tough,” said Bigpoint CEO Heiko Hubertz. “For that reason we decided also to close our internal mobile games development. We will not continue to create mobile games internally.”
He added: “We had around ten games in development, some of them are finished and will launch in the next few weeks but most of them will be completely closed and shut down.”
Source: GamesIndustry.biz