CRYTEK CALLS NEW LICENSING DEAL 'HUGE,' WILL ANNOUNCE PARTNER SOON

From IGN.com 

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After a rocky 2014, Crytek is getting ready to announce details about its future following a licensing deal it describes as "huge."

 

Crytek followed up on reports of its financial difficulty last year with a confirmation that it had obtained enough capital to secure the company's future.

The developer-turned-publisher is preparing to release more details about this now, namely a licensing deal that it says has been in the works for a while.

"A lot of people are under the impression we had to find a new investor or something, but that wasn’t the case," Crytek PR head Jens Schaefer told Develop. "We made a licensing deal."

Crytek co-founder Faruk Yerli explained, "It was a huge one, probably the biggest one."

IGN has reached out to Crytek for further comment and will update with any details.