Posted 2/28/2008 at 12:09 PM By MondoPest

The creators of Titan Quest (a great Diablo-style game) for the PC has closed down. In an official statement, they cite 'unrelated events' that caused them to be unable to get funding to continue with their next title. Also, they state that they will be seeking to license out their proprietary game engine and tool set soon.
Official Statement:
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. 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.
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