Rahul Sharma (Editor)

Elixir Studios

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Former type
  
Video game developer

Defunct
  
2005

Founder
  
Demis Hassabis

Ceased operations
  
2005

Fate
  
Closed

Key people
  
Demis Hassabis

Headquarters
  
London

Industry
  
Computer and video game industry

Products
  
Republic: The Revolution Evil Genius

Founded
  
1998, London, United Kingdom

Video games
  
Evil Genius, Republic: The Revolution

Elixir Studios was a British video game developer. The company was founded in 1998 by Demis Hassabis, formerly a prominent figure at Lionhead Studios. At its height, it employed around sixty people, and was based in London. It aimed to be an independent developer, creating its own intellectual properties rather than licensing established ones. The company's first game, Republic: The Revolution, was released in 2003, and a second game, Evil Genius, was released in 2004.

In 2005, however, the company announced that it would be closing. This followed the cancellation of development on a major project due to its "perceived high-risk", which had been underway for two years. The company, citing "the current risk averse publishing climate", concluded that its goal of exploring new territory was not possible. In a press release, Hassabis said: "It seems that today's games industry no longer has room for small independent developers wanting to work on innovative and original ideas. ... [T]his was the sole purpose of setting up Elixir and something we could never compromise on." Elixir stated that it had sufficient resources to pay redundancy packages to its staff and ensure that the company was wound down in an orderly manner.

Rebellion Developments bought Elixir's intellectual property in March 2006, including Evil Genius.

References

Elixir Studios Wikipedia