There goes my dream of an Agents of Mayhem sequel.

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    “The Volition team has proudly created world-class entertainment for fans around the globe for 30 years,” the statement reads, in part.

    After that deal fell apart, Embracer warned that it would be forced to undergo a major restructuring program that would impact an unforeseen number of the company’s then-17,000 employees through March 2024.

    Started in 1993 under the name Parallax Software, the studio that would later become Volition first made a name for itself with Descent, a 3D space shooter that innovated by allowing free movement in all directions.

    The company was acquired by THQ in 2000, which oversaw the publishing of the destruction-based Red Faction FPS franchise and the start of gonzo crime simulator Saints Row.

    When THQ dissolved in 2013, Volition was purchased by Koch Media’s Deep Silver publishing arm, which was itself acquired by a quickly growing Embracer in 2018.

    The Saints Row and Red Faction franchises will remain as part of Embracer’s Plaion division, according to a statement provided to PC Gamer.


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