Nacon has confirmed it has filed for insolvency and has requested the initiation of judicial reorganisation proceedings.
Nacon is a French video games publisher, holdings company and gaming peripherals manufacturer that’s a spin-off business owned by Bigben Interactive, a major multimedia company.
Nacon manufactures a number of peripherals such as headsets and controllers and has published games in the WRC series, Test Drive Unlimited, and RoboCop: Rogue City.
But in a release, Nacon confirmed it has filed for insolvency, meaning it cannot pay off its debts when they fall because the amount they owe is greater than the assets they have, due to Bigben Interactive failing to make a loan repayment.
The release said: “On 20 February, Nacon…