Wolfpack's Austin, Texas-based development studios will shut completely by May 15. According to GamaSutra, it has received an official communication from Ubisoft that said;
Ubisoft will be closing its Wolfpack studio in Austin, Texas on May 15, 2006. Wolfpack created Ubisoft's massively multiplayer online game Shadowbane which launched in 2004.The decision to close Wolfpack is part of an overall strategy to concentrate Ubisoft's development in its larger studios where more resources are available. Ubisoft is looking for relocation opportunities for all of the very talented Wolfpack employees within Ubisoft.
Shadowbane is currently free to play and will stay that way until at least May 15, 2006. Ubisoft will be sending customers more information as soon as it is available.
Wolfpack was purchased by Ubisoft in 2004. They, according to GamaSutra, are reportedly looking to refocus efforts on the future consoles to be launched this year - the PlayStation 3 and Nintendo Revolution.
News: GamaSutra. Thanks