Game IP and other remaining assets owned by Sydney studio Team Bondi has been sold off, a source close to the matter has told Develop.
Develop understands the goods have been transferred to Kennedy Miller Mitchell (KMM) – a Sydney production studio that works across a range of media, including games.
An insider, who engages with both companies locally, has said all Team Bondi developers have been offered a job at KMM.
It is unclear if Team Bondi, which recently finished production on LA Noire, will continue as a going concern. The studio has declined to comment on the matter.
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