Publisher Deep Silver announces the acquisition of the Homefront intellectual property and all related assets from financially troubled publisher/developer Crytek, offering no hint about what they paid for the shooter series. Word is development of Homefront: The Revolution will continue in Nottingham, England at a newly formed studio called Deep Silver Dambuster Studios. Here's the announcement:

Today, Koch Media together with its publishing label Deep Silver announces that it has acquired the Homefront brand and all coherent assets from Crytek. This includes Homefront: The Revolution which has been announced on 2nd June 2014. The development will be continued in newly founded, Nottingham-based Deep Silver Dambuster Studios.

“We are thrilled to see another great IP joining the Deep Silver universe,” says Dr. Klemens Kundratitz. “We strongly believe in the potential of Homefront: The Revolution and trust in the new team to continue the path we have been walking in the last years.”

Deep Silver Dambuster Studios is the third development studio within the Koch Media Group, joining Deep Silver Volition and Deep Silver Fishlabs.