WildTangent Closes Studio, Changes CEO

Redmond, WA-based WildTangent, a developer and publisher of online games, has closed its development studio and laid off 20 employees, or one-fifth of its staff, as first reported by TechFlash. Co-founder Alex St. John has stepped down as chief executive but remains chairman, according to Gamasutra and others. Mike Peronto is the new CEO.

Gregory T. Huang is Xconomy's Editor in chief. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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