You can even buy the brand itself, but there’s more to come from the bankrupt Spanish studio.

After canceling a game and laying off employees last October, Tequila Works closed down a month later due to insolvency. A Spanish website, Escrapalia, announced the auction details of the brand itself and all of its assets. The auction includes the following assets, divided into 9 lots, classified by type and stage of development

Video games published with consolidated intellectual property: Deadlight, Rime, Gylt, The Invisible Hours. Video games in development (and vertical slices, playable concepts are available): Brawler Crawler, Dungeon Tour, The Ancient Mariner, Ideas Tequila Works. Corporate identity assets: Tequila Works brand. Tequila Works wants to sell literally everything, so they are monetizing the name itself.

The assets will be delivered for the sole account and risk of the successful bidder and will be subject to the specific contractual conditions detailed in each lot sheet. Technical, legal and commercial documentation will be available in a digital data room, which will be accessible after signing NDAs (non-disclosure agreements). Bidding has already started. Rime and Gylt are already above €15500 and have attracted more than 150 bids so far. Bidding will continue until May 14th. Rime is the studio’s most successful, or at least best known, game in its decade and a half history.

Tequila Works may also have been hurt by what, in retrospect, may have been a particularly bad business decision. One of their games was initially available on a single platform. That was Gylt, a survival horror that was released for Google Stadia on November 19, 2019, and was only available on the cloud platform until it shut down in 2023. After that, it took a few months for the Spanish studio to bring it to almost everything, as it was released on PlayStation 5, Xbox Series, PC, PlayStation 4 and Xbox One on July 6, 2023, followed by a Nintendo Switch port on March 14 last year.

Game over.

Source: WCCFTech