Activision's Leeds-based mobile developer will close, the publisher has said.
The Blast Furnace's 47 staff face redundancy, although the company has told us that it is seeking new homes for some of the employees.
Activision revealed in January it was 'exploring options' for the studio and expressed a desire to keep the developer together - including a possible sale.
"Having explored a range of options, including a potential sale of the business, and consulted with the staff about the options, we have not been able to find a suitable alternative for the talented team in the timescales set by the consultation exercise and have agreed to close The Blast Furnace," an Activision spokesperson told MCV.
"Although we have reached the end of the main consultation exercise we shall continue to work with the leadership team to explore options for these highly skilled individuals within Activision and its related organisations.
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