IO Interactive Becomes Independent Studio, Retains Rights to Hitman

IO Interactive Becomes Independent Studio, Retains Rights to Hitman

The former Square Enix dev studio is going it alone and taking Hitman with it.

Hitman will continue development at IO Interactive following the studio’s move to independence. IO has concluded a management buyout with Square Enix and announced that the rights to Hitman are coming along for the ride.

News of IO’s independence came in a blog post from IO-Interactive CEO, Hakan Abrak:

"...I am proud to announce today that IOI is now officially an independent studio. We have successfully concluded our negotiations with Square Enix and have agreed to a management buyout. Crucially, we will keep all of the rights to the Hitman IP," stated Abrak.

"As of today, we have complete control over the direction for our studio and the Hitman IP – we’re about to forge our own future and it’s incredibly exciting," he added. "We are now open to opportunities with future collaborators and partners to help strengthen us as a studio and ensure that we can produce the best games possible for our community."

The latest Hitman has been a big hit with fans.

Abrak added that IOI wants to encourage more players to try out the new Hitman, with more details on how they’ll do that coming next week.

Back in May Square Enix revealed it was looking to sell IOI, and it was assumed the dev house would be picked up by a publisher, with Hitman’s future looking uncertain. Fans will no doubt be thrilled to know that the franchise is staying with its creators.

It is unclear if other IOI developed properties, such as Kane & Lynch remain owned by Square Enix.

Hitman: Season One ranks as one of the best PS4 games of all time. Take a look at what else you should buy in our guide.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. See our terms & conditions.

Tom Orry

Managing Editor

Tom started life on a circus in Australia before his family moved to the UK. His love of gaming started soon after, which essentially meant he bought every video game magazine available and worked numerous part-time jobs as a child in order to afford costly N64 games. He created UK site VideoGamer.com, of which he was the Editor for over a decade. He now doesn't like circuses.

Read this next

Our Nine Favorite Kills in Hitman 2

From a tattoo gone wrong to a fling with real estate, these are the best kills in Hitman 2.

Five Hitman 2 Disguises That Shouldn't Work, But Somehow Do

Agent 47 is a master of disguises, no matter how wrong a fit he is for them.

Hitman 2 Review

The jetset life is gonna kill you.

Hitman Blood Money and Absolution Rated for Xbox One and PS4

The last two Hitman games might see a release on modern consoles.

More News

Spiritfarer's Art Director on Encouraging Relaxation, Exploration, and Just Chilling on a Boat

How Spirited Away led to a cozy management sim about the afterlife.

Borderlands 3's First Limited-Time Event Will Be a Free Halloween Ghoul Hunt

All Borderlands 3 players will have a few weeks to scoop up some creepy loot and take down a boney boss.

Street Fighter 2's Creator on Why Blocking Was Once a Controversial Issue

A creator and a pro sit down to talk blocking in fighting games.