Back in 2017, we informed you about Crytek’s lawsuit against Cloud Imperium. In case you weren’t aware of, Crytek sued Cloud Imperium for violating a contract. Cloud Imperium responded in 2018 to that lawsuit, eliminating virtually all of Crytek’s claims. And today, it has come to our attention that the companies have settled their case out of court.
We don’t usually share such news, however, we’ve been following this lawsuit from the beginning. So yeah, I believe we should share this settlement (as it basically marks the end of the lawsuit).
According to the Notice of Settlement, Crytek and Cloud Imperium have reached an agreement in principle of terms to settle this action in its entirety. In addition, the companies are working to document the terms of their agreement.
At this point, we don’t know any additional details regarding this settlement. Cloud Imperium has insisted that it hasn’t violated its contract with Crytek. Whether this has changed is something we aren’t currently aware of.
It will be interesting to see whether Cloud Imperium or Crytek will shed some light regarding this settlement. On the other hand, it’s at least good knowing that both Star Citizen and Squadron 42 are now “safe“.