Square Enix is selling IO Interactive, the studio behind HITMAN

Square Enix has announced that it is selling the studio behind the HITMAN games, IO Interactive. As the press release reads, in order maximize player satisfaction as well as market potential going forward, Square Enix will be focusing its resources and energies on key franchises and studios. As a result, Square Enix has decided to withdraw from the business of IO Interactive as of March 31st.

Square Enix claimed that this decision has resulted in booking of the loss amounting to 4,898 million yen, including disposition of the content production account related to the business and impairment loss of intangible assets, in the financial results for the fiscal year ended March 31st.

As a result of this Square Enix started discussions with potential new investors and is currently in negotiations to secure this investment.

And that is that. While the media and gamers enjoyed and praised the latest HITMAN game, it appears that it was not successful enough.

Whether we’ll see another HITMAN game or not in the future remains to be seen!

John Papadopoulos

John is the founder and Editor in Chief at DSOGaming. He is a PC gaming fan and highly supports the modding and indie communities. Before creating DSOGaming, John worked on numerous gaming websites. While he is a die-hard PC gamer, his gaming roots can be found on consoles. John loved - and still does - the 16-bit consoles, and considers SNES to be one of the best consoles. Still, the PC platform won him over consoles. That was mainly due to 3DFX and its iconic dedicated 3D accelerator graphics card, Voodoo 2. John has also written a higher degree thesis on the "The Evolution of PC graphics cards." Contact: Email