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Piranha Bytes GmbH was a German video game developer based in Essen. It was best known for their Gothic and Risen series of role-playing video games.

https://en.m.wikipedia.org/wiki/Piranha_Bytes

Embracer has reportedly closed Elex developer Piranha Bytes

https://www.pcgamer.com/gaming-industry/embracer-has-reportedly-closed-elex-developer-piranha-bytes-as-former-creative-director-announces-a-new-indie-studio/

:/

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deleted by creator

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Fortunately, the remake is being made by THQ Nordic.

How is that fortunate though?

THQ Nordic, the company which became Embracer, bought Piranha Bytes, shuttered the studio when they fucked up, and is now using their IP for a remake?

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