Gamasutra is reporting that HanbitSoft, the company which operates Hellgate in Korea has acquired the rights to th game in other regions and may be planning to re-launch the game.

Korean publisher and developer HanbitSoft has officially announced that it owns the IPs for Flagship Studios' Hellgate: London and Mythos and is actively working on a Hellgate expansion, despite the scheduled termination of Hellgate's servers by operator Namco Bandai.

Hellgate generally suffered from perceived quality issues and struggled to maintain a sufficient fanbase to continue operating, leading to Flagship's essential closing in July 2008.

Namco Bandai, who co-published the game through an agreement with EA Partners, recently announced that it would shut down its Hellgate servers on January 31, 2009. Flagship also shut down its servers for MMORPG Mythos earlier in the year, suspending the title's development while it was in its private beta testing stage.

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