Crytek has announced the acquisition of the intellectual property rights for the Homefront franchise from THQ.

The firm's Nottingham studio was named as the developer for Homefront 2 in the autumn of 2011.

Crytek CEO, Cevat Yerli, said: "Since we first reached an agreement to develop Homefront 2, we've been firm believers in the IP and its potential to excite and amaze players. Our cooperation with THQ was always positive and we would like to thank them for all their support over the last two years and express our sympathy to those affected by the recent events at the company."

Nick Button-Brown, general manager of Games at Crytek, added: "From day one, the Homefront 2 team has been committed to creating a game that takes the series to new heights and features the level of quality and innovation associated with Crytek.

"Nothing has changed with regards our development of the game, and we look forward to sharing the finished product with players."

There's currently no information on a planned release date or publishing deal for the title.

Source: Press release