Nacon is in big trouble following majority shareholder Bigben Interactive failing to make the partial repayment of its bond loan to its bondholders. According to Nacon, this was due to “an unexpected and late refusal by its banking pool”.
Nacon acts as both a hardware manafacturer (mainly controllers) and as a publisher publishing titles made by their own internal developers, as well as third-parties. Their most recent title, for example, was Styx: Blades of Greed which I’m actually in the middle of reviewing. Other recent titles include Hell is Us and Robocop: Unfinished Business.
Filing for insolvency does not mean the company is definately shutting down,…