Deep Silver buys new Homefront title from Crytek.

Crytek has sold the rights to it’s title Homefront: The Revolution, as well as all rights and assets of the Homefront franchise.  This is believed to be due to the rumored financial woes that Crytek is suffering from.  Deep Silver  will be opening up a new studio called Dambuster in Nottingham, UK to take over the new title. This is the third studio opening under Deep Silver joining Fish Labs and Volition.

The CEO of Koch Media Group was pleased by the news and said the following in a press release. “We are thrilled to see another great IP joining the Deep Silver universe. We strongly believe in the potential of Homefront: The Revolution and trust in the new team to continue the path they have been walking in the last years.”

Homefront was expected to be released sometime in 2015, but no word was given on how the transfer to a new studio will impact that timetable.