The Hydrophobia IP could remain with its creators who formed Dark Energy Publishing in January. The poor sales of the game crippled the studio. Their 'water engine' is another asset.
Hydrophobia features a water physics based engine which is likely another asset administrators Leonard Curtis are packaging up to sell to recoup losses.
Dark Energy Digital owners Pete and Deborah Jones, and technical director Gary Leach started up Dark Energy Publishing and could score Hydrophobia at a low price. They might also snap up their proprietary engine tech. The studio re-released Hydrophobia with overhauled mechanics hoping it would sway critics and fans but it didn't.