Full Auto developer shuts down

Pseudo Interactive, the studio behind the Full Auto series and last-gen title Cel Damage, has closed its doors.

That's according to a 1UP report and the ever-reliable wikipedia.

Apparently the studio was working on an unnamed game for Eidos. The project was cancelled and Pseudo was unable to secure another deal in time to survive.

As of 2006 the studio employed more than 50 people, but 1UP reports many of them were made redundant before the closure.