Late last year, Free Radical Design fell into administration, thanks to the wonderful recession gracing our fair world. Well, good news has arrived- Crytek have bought up the company and saved 43 jobs. Free radical is the developer of the fantastic Timesplitters series (and unfortunately the forgettable Haze), and Crytek is behind big-name games Far Cry and Crysis.

This is good news for everyone- Crysis get some great new developers on its team, and Free Radical employees get to keep their jobs. Plus, we might get to play Timesplitters 4 after all. I can only offer my condolences for the employees that weren’t able to keep their jobs- with any luck they’ll be picked back up in the long run.

Tags: Crysis, Crytek, Far Cry, free radical design, Free-Radical, Haze, recession?, timesplitters

• Rumour: Free Radical Design shutting down
• Thou Shalt Play Haze, Eventually
• Haze Demo Coming to EU PSN 11/15?
• Crysis For PS3? Could Crytek Be Following In Epic’s Footsteps?
• Crytek Shifting To Console Focus
• Crytek Explains Crysis Engine In New Five Minute Video
• Haze Never Coming Out on Xbox 360
• Best Buy to bundle Killzone 2 and MGS4 with 80GB PS3 (Update)

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