Following up on word that the Sacred developer Ascaron was going down, German publisher Kalypso Media has acquired a “majority of licenses and assets” from the now-bankrupt studio and formed its own studio with 15 members of its former staff.

Dubbed Gaming Minds, the new studio is expected to provide the publisher with “greater independence in our games development,” whatever that means. No details were given on the projects underway at the new studio.

As for the fate of Ascaron’s cash cow franchise – Sacred – Kalypso noted that “a few existing license agreements held by Ascaron UK will stay with the Ascaron until expiration.”