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Swedish developer SimBin Studios 're-structures through bankruptcy'

Former COO Christopher Speed of SimBin Studios has announced they "decided to go through a re-structuring process" with the easiest route declaring bankruptcy, and forming a new studio.

Sector 3 Studios is the new entity for the Swedish developer, with 18 staff affected by the move, as they tried to "keep as much of the talent" from SimBin as possible.

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strategyinformer.com
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