Nihlistic Software issued the following statement:

Everyone knows retail sales are down, publishers are hurting, independent developers are suffering, blah blah blah.  With this in mind, Nihilistic is announcing today that (OMG!) we are re-organizing our company after 14 years of working with retail boxed game development, and re-forming as nStigate Games, a new company focused on downloadable, on-line, and mobile games.

So is this newsworthy?  Well, honestly it probably isn’t, except that we are making this transition without any planned layoffs or leaving any debts behind.  Nihilistic will fade into the sunset the way it started; a collaboration of talented folks dedicated to transparency and respect for employees.  Over the next couple months we’ll get leaner as some of our talent finds new homes, and emerge as a smaller and more focused company.

The future for nStigate is yet to be written, but the history of Nihilistic is coming to a close.  We thank all the people who have worked here over the last 14 years.  It’s been a privilege and a joy to serve our players for the past years.  We love what we do, and we love it when you guys like it.  Thank you for playing.