SSA has inked a "multi-product deal" for games to be released digitally. They have already "commenced development" on these new titles with announcements "in the near future."
The digital market is "rapidly growing" and lets them reap the benefit while the games industry is "undergoing a significant transition." Downsizing "not taken lightly".
"As SEGA Studios Australia nears the completion of London 2012 - The Official Video Game of the Olympic Games, it is essential to look to the future and take steps to ensure long-term growth and success," said SSA's Director of Studio Marketing, Gareth Gower.
"The rise of digital gaming provides an opportunity to align the studio with a rapidly growing market at a time when the games industry is undergoing a significant transition. To this end, we can confirm that SSA has signed a multi-product deal focussing across the digital marketplace."
"We have commenced development on these titles and will announce more details in the near future."
37 members of staff at SEGA Studios Australia have been let go. "The decision to downsize was not taken lightly, but this strategic re-structure will ensure we have a more effective and agile team that will enable us to quickly adapt to consumer needs and deliver strong content across multiple digital platforms," continued Gower.
"We thank those team members affected for their contributions and wish them well in their future endeavours. We are very confident that their efforts on London 2012 will help us deliver the highest quality official Olympic video game to date."
London 2012: The Official Game of the Olympic Games releases on Xbox 360, PS3 and PC this June.