News: Nintendo developer Cing files for bankruptcy – report
Japanese developer Cing has filed for bankruptcy in Japan, with the company reportedly suffering from liabilities of 256 million yen (USD 2.9m/EUR 2.1m).
A brief report on the Japanese language site Net-IB, as translated by Web forum NeoGAF, suggests that the firm was forced to make the filing on 1 March.
A small studio with less than 30 staff, Cing was founded in 1999. Its debut title was the Japan and Europe-only release Glass Rose for Capcom.
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