Cyanide, Spiders, And Kylotonn File For Insolvency As Nacon Troubles Deepen – WGB

A month ago we learned that hardware and game developer Nacon had to file for insolvency as a consequence of its mother or father firm BigBen, going through monetary hassle. Effectively, it appears issues are going from unhealthy to even worse as three of Nacon’s largest groups have additionally filed for insolvency.

The related data may be found in Nacon’s latest press release on its corporate site, however I’ll provide the vital bits. Consider, I’m not a authorized knowledgeable.

Cyanide (the Styx video games), Spiders (Greedfall), Kylotonn (Check Drive Photo voltaic Crown) and Nacon Tech (movement seize) have all filed for insolvency. This additionally impacts Cyanide subsidiary Huge Dangerous Wolf.

The Lille Industrial Courtroom opened “judicial reorganisation” proceedings for Nacon on March 2, 2026—this freezes previous money owed for as much as 18 months whereas they craft a restoration plan.

Assuming the insolvency requests undergo, the studios and movement tech firm will probably be put into an identical scenario, which principally means they are going to be positioned beneath directors, probably the identical ones dealing with Nacon. They may oversee operations, mediate creditor talks, and develop continuity plans—asset gross sales are a final resort provided that there is no such thing as a viable restoration after the commentary interval.

Throughout the groups, it’s believed that round 320 workers are in danger. Nonetheless, the studios will proceed to function all through the method.

There’s motive to be optimistic: French redressement judiciaire success fee is about 70-80% in terms of avoiding liquidation in these eventualities, so hopefully Nacon and its groups can survive this.