Develop has reported that Team Bondi is in the process of selling its assets and IP to KMM, confirming our story last week that reported claims that Team Bondi was being absorbed by George Miller's game studio.
According to the source, the remaining staff members at Team Bondi have all been offered jobs at KMM. Brendan McNamara is expected to be among the developers moving across to work at KMM.
Rockstar is in possession of the L.A. Noire IP, meaning it will not be affected by the acquisition.
Team Bondi 'sells off assets and IP' [Develop]