Yesteday, Cloud Imperium, the parent company of the developers behind Star Citizen, announced that Clive Kalder's family office and Snoot Entertainment paid $46 million for a ~10% stake in the company, which would put the total value of the Cloud Imperium at about $460 Million. The company...
Crytek is suing Cloud Imperium for a couple of things, where the relationship has seemed to go off the rails. First and foremost is that Cloud Imperium used Crytek's CryEngine for a game that Cloud Imperium did not have license for, Squadron 42. Also attached to this is the fact that Cloud...