At the time, Xbox announced that Ninja Theory would merge with Undead Labs while attempting to transition to new ownership, with funding intended to grow the Senua franchise and continue work on State of Decay 3. Unfortunately, the buyout did not go through, with Undead Labs becoming independent while Ninja Theory was ultimately shut down.

Microsoft has signalled its intention to close down Hellblade developer Ninja Theory after two deals to save the Xbox studio fell through.

Xbox is moving to close Hellblade studio Ninja Theory after two buyout deals fell through, leaving the future of the newly announced Senua unclear.

Hellblade devs Ninja Theory now face closure after the failure of agreements with potential buyers, but Microsoft are "continuing to explore other paths".

Ninja Theory - developer of the Hellblade series - is shutting down as part of today's Xbox cuts. Its proposed buyers pulled out, resulting in the closure.

Microsoft has started consultation on a proposed closure of Ninja Theory, the Cambridge studio behind Hellblade, after two reported efforts to line up

A report on Game File has claimed that Microsoft has already planned to close or sell off developer Ninja Theory by the time it announced its new title, Senua, during the Xbox Games Showcase. Ninja Theory was among a number of Xbox-owned studios reported ...

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