Time to say goodbye
Square Enix announces withdrawal from Hitman developer IO Interactive.
There comes a time in every entity’s life when they must say goodbye and part ways in order to search for greener pastures. For game developer IO Interactive, its long-time publisher and partner, Square Enix, did just that when the latter announced the split.
The announcement came in light of Square Enix’s recent financial report, where they said that the company reported strong profit and ‘record earnings’ during its last fiscal year, thanks to strong sales within the console and mobile divisions, respectively. But more importantly, the jump in sales was attributed to the blockbuster series, such as Rise of the Tomb
Raider and Final Fantasy XV. "For this fiscal year, the company reported record-high net sales, operating income, ordinary income and profit attributable to owners of parent, respectively,” the report said. “These sales translated to a 20-percent increase in net sales, 20.3-percent jump in operating income, and 22.9-percent increase in ordinary income.” Moving forward, Square Enix also stated that they will be focusing on expanding their sales and development for more mobile titles to overseas and emerging markets.
IO Interactive is the game developer studio that is based in Denmark. The studio is famous among gamers for its creation of the critically-acclaimed Hitman franchise, which first launched 17 years ago. The studio’s latest title, dubbed simply as Hitman, recently ended its first season.