Develop reports that the Oliver twins (founders of Blitz Games Studios that went under in September) are now heading up a company called Radiant Worlds based in Leamington Spa.
The Olivers were quoted as saying they'd transfer a couple of Blitz project over to a new company when Blitz Games Studios met with its fate and it appears Radiant Worlds with around 50 employees is that new company. Exactly what they may be working is unknown at this point.