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Fall Damage, a studio founded by DICE veterans, has gone bankrupt.

The Swedish holding company Fragbite Group has filed for bankruptcy for the studio Fall Damage. They reported that the developers are in a dire financial situation as they were unable to find a publisher for the free-to-play shooter Alara Prime.

News October 13, 2023

Fragbite Group acquired Fall Damage — studio of DICE veterans

The Swedish Fragbite Group has announced the purchase of the Fall Damage studio. The size of the transaction was 20 million Swedish kronor ($1.8 million).