This post on Iron Lore Entertainment's website states the Massachusetts-based developer has closed down. Iron Lore was working on its next gaming project but wasn't able to secure proper funding, as a result, the developer called it quits.
The statement reads, "We would like to extend our thanks to everyone who has helped us in the last seven years - our team who moved mountains to create such great games, our publisher THQ who has been a great partner through three product development cycles, and most of all our customers and fans.
We owe all of the success we've had to you, and our greatest satisfaction has come from creating games that have given enjoyment to the community."
Iron Lore released its first game in June 2006, an action/RPG/hack n' slash game called Titan Quest for PC. Following a warm reception, the company released an expansion pack, called Immortal Throne, that following year. Most recently, Iron Lore assisted Relic Entertainment in the third expansion pack to Warhammer 40,000: Dawn of War, titled Soulstorm.
It's a shame to see Iron Lore close down, especially since I greatly enjoyed Titan Quest and the demo for Soulstorm. Titan Quest and its expansion pack were released on Steam last summer, which brought the game to a whole new audience of PC gamers. Unfortunately it looks like it didn't generate enough extra revenue for the developer.
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Updated June 4th, 2008
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Shame. They seemed like a very promising team.
Titan Quest is the best Diablo clone out there. Still just a Diablo clone, but y'know, at least they did a good job of it
Shame to see 'em go.