It looks like Activision plans to close Bizarre Creations, the makers of the wickedly fun Geometry Wars. They also made a few racing games here and there ;) Here’s a statement Activision released to Shacknews.
Over the past three years since our purchase of Bizarre Creations, the fundamentals of the racing genre have changed significantly. Although we made a substantial investment in creating a new IP, Blur, it did not find a commercial audience. Bizarre is a very talented team of developers, however, because of the broader economic factors impacting the market, we are exploring our options regarding the future of the studio, including a potential sale of the business.
Given the sheer talent of the studio, this is very surprising news. I know Blur may not have had the success of Project Gotham Racing, but to try and sell off the studio…wow I didn’t see that coming.