The publisher's announcement comes just a week after Embracer Group had first announced its plans to divest itself of the company.
The deal, valued it around $30 million, will also result in Embracer Group hanging on to some IPs like Remnant and Fellowship.
While the studio hasn't made any official statement or announcement yet, the lay-offs were reported by employees affected by them.
"Shifts in funding, corporate consolidation and the uncertain environment" faced by small studios are some of the reasons noted.
The rogue-lite title will receive monthly content updates with new enemies, playable characters, Blades, Crowns, and more.
The rogue-like has a "Mixed" rating on Steam, with players complaining about performance, balance, controls, and other issues.
Heart Machine's first major content update, which includes a new Breaker, will receive a release date in its upcoming roadmap.
Heart Machine's long-awaited open-world roguelike title finally enters Steam Early Access on January 14th after much delay.
Lapis, Vermillion, and Goro will be the first three playable characters when early access launches on January 14th for PC.
Early access will last a year and feature a "wide variety" of weapons, upgrades, and skins alongside co-op for up to three players.
The third and final paid DLC for Remnant 2 is a step up in some ways, but it's still nowhere near as good as the base experience.
Remnant 2's The Dark Horizon DLC launches on September 24th, adding a new area in N'Erud, The Warden Archetype, and a new glider traversal system. However, base game owners can also avail of a free up... Read More
Players will explore a new area on N'Erud while dealing with new robotic threats. There's also a new glider system and Archetype.
A public demo for the title will be available at forthcoming events like PlayNYC + AnimeNYC, XOXO, and Media Indie Exchange.
If starved for more Remnant 2 content, The Forgotten Kingdom is worth checking out, but don't expect anything mind-blowing.
The new Invoker Archetype, a fresh biome in Yaesha and new threats await in the second paid DLC for Gunfire's Souls-like shooter.
Channel Yaesha's Nature Spirits to buff and heal allies, slow and shock enemies, and gain increased damage with the newest Archetype.
Abstraction's re-release is a blast from the past for fans with new heroes and maps, but it still falls short in several fundamental ways.
Game design lead Bart Vossen and producer Maverick Bautista speak with GamingBolt about the MOBA's expanded and enhanced revival.
The DLC sees players exploring a new area in Yaesha, dealing with the stone spirit Lydusa and unlocking a new Archetype, the Invoker.