With publisher Nacon essentially declaring bankruptcy in recent days, it seems the company is now looking to sell off Spiders, one of its development teams. According to French publication Origami, the Paris-based studio behind games like GreedFall: The Dying World has been notified that a bidding process to acquire it has begun.
The sale of Spiders would mark the end of an over six-year-long partnership between it and Nacon. The publisher had originally acquired the studio back in 2019, shortly after the release of the original GreedFall. Interestingly, the report also indicates that another project was in development at Spiders, codenamed Dark, which was ultimately cancelled in June 2025. No details about this project have been revealed; however, aside from the fact that it was going to be a licensed game.
In the meantime, Spiders has reportedly already started pre-production work on a brand new project after having released the 1.0 update for GreedFall: The Dying World. This project has been described as providing extra potential leverage for a potential sale. However, there is an internal feeling at Nacon that this project was largely to keep Spiders’ employees busy in light of an upcoming sale.
There have also been attempts made to reassure the studio that it would not shut down. However, a developer described this attempt by management as not quite working well. “It feels like they’ve already given up,” they said.
The publication has also confirmed through a statement by Nacon that, along with Spiders, its Nacon Tech subsidiary is also involved in the sale.
In light of Nacon’s recent financial troubles, French video game union Syndicat des Travailleureuses du Jeu Video has criticized the company, saying that its leadership has a disdain for game development, leading it to “actively sabotage” its studios with their “incompetence.”
“Years of mismanagement and strategic nothingness, both at the group and company levels, have blocked studios from modernizing, organizing and developing themselves,” said the union. “Today, even after completely emptying its studios’ coffers – dozens of millions of euros which should have ensured studio stability and safe jobs! – Nacon comes out with a deficit.”
“Makeshift solutions like canceling all recruitments and raises for more than a year, or snake oil solutions like ‘AI,’ which Nacon is gradually forcing on its studios without even knowing what for, will not save money and clean up the company accounts. The deterioration of working conditions in the last years, and the creation of new studios with the barely hidden goal of sabotaging existing ones, were already convoluted ways of reducing headcount, and they only made matters worse.”
The union has called for the removal of Nacon’s executive team and has demanded better working conditions, updates to development tools and processes, and a policy to fight turnover rates.
Nacon had originally announced that it was filing for insolvency last month after the majority shareholder Bigben Interactive was unable to make a partial repayment of its bond loan. At the time, the publisher requested a “rapid implementation of a financial restructuring” that goes beyond simply restructuring debt under court supervision.
INFO Origami – L'éditeur français Nacon cherche à vendre Spiders, studio parisien racheté en 2019.Hier, quelques jours après les multiples demandes de mise en redressement judiciaire au sein du groupe, la maison-mère a prévenu les salarié·es de Spiders qu'un appel d'offre était imminent.
— Gauthier 'Gautoz' Andres (@gautoz.cool) 2026-03-27T11:56:34.153Z
