by Stacy Jones on Sep 06, 2010
Develop Online is reporting that Realtime Worlds has sold off its Project MyWorld 3D virtual platform to an anonymous U.S. buyer. The developer fell on hard times after the launch of APB (All Points Bulletin), which suffered lukewarm reception and lackluster sales that led to layoffs and the company eventually entering into Administration. The details of the Project MyWorld deal aren't completely clear or if the 23 developers that were recently called back to Realtime Worlds to continue work on the project will be picked up by the firm or affected in some other way.
The move has permanently split Realtime Worlds into at least two segments with numerous potential buyers eyeing up scattered portions of the company that are still deemed profitable.
The fate of APB remains in the air as the article notes it's up for purchase but oddly enough has yet to generate as much interest as Project MyWorld.