MyWorld by UK APB developer Realtime Worlds sold to unnamed American company

7 September 2010
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MyWorld England game screenshotMyWorld, what was to be the next project by now bankrupt APB developer Realtime Worlds, has been picked up by an unnamed American developer/company announced Realtime Worlds.

This announcement comes just as Realtime Worlds enters into administration, which is the beginning of filing Chapter 11 bankruptcy in which a company is reorganized according to U.S. law.

Part of the reorganization is the selling of assets/properties/game franchises in order to keep the company afloat. While Realtime Worlds has not yet found a buyer to maintain the online aspect of APB (something they’ve been doing themselves), the most recent release from the company; They have now found a buyer for their in-development project MyWorld, which has been sold to a company in America (Realtime Worlds is based in the United Kingdom).

Although exactly which developer got their mitts on the property remains to be seen, as the social networking world-building title’s new parent is being kept under “One hundred percent confidentiality as has been imposed by the company,” to quote a spokesman. “MyWorld has been sold and unfortunately we cannot disclose any further details of the sale.”

In addition, as part of the restructuring, over 250 workers lost their job, although Realtime Worlds employed a small 23 of them to continue working on MyWorld until it was sold off.

In addition to APB and MyWorld, Realtime Worlds was also responsible for the original Xbox 360-exclusive Crackdown 1. Although not Crackdown 2, which was handed to Ruffian Games.

Via BBC

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