The Swedish development company, GRIN, has officially closed their doors:

It is with a heavy heart we announce today that GRIN has been forced to close its doors. This as too many publishers have been delaying their payments, causing an unbearable cashflow situation.

After twelve years of hard work, employing hundreds of wonderfully talented men and women, it is over. It has been a great adventure and the GRIN family has experienced what few have.

-Bo & Ulf Andersson of GRIN

This was a fairly talented group that released some very enjoyable games in Wanted: Weapons of Fate and Bionic Commando. It’s unfortunate that we won’t have the chance to see what else they could be capable of creating.