Square Enix Trying to Sell IO Interactive – The Studio Behind the Latest Hitman Game

Posted by at 11:49 am on May 12, 2017

IO Interactive, the studio who made the latest Hitman game, is no longer a part of Square Enix. Square Enix announced via a release that said that it “regrettably decided to withdraw from the business of IO Interactive” as of the end of the fiscal year.

The main reason for the sale of the studio was due to finances. According to Square Enix, it had an “extraordinary loss” in the recent fiscal year to the tune of 4,898 million yen (about $43 million). This does not lineup with the May 11th financial results. Those number had an increase in net sales and income compared to the previous fiscal year.

Square Enix said that it will look for buyers for IO Interactive with negotiations already in the works. At this time the future of Hitman games is cloudy at best.

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