Cryptic Studios has posted an FAQ about the sale of their City of Heroes and City of Villians intellectual property (IP) to NCsoft.

How did Cryptic Studios arrive at the decision to sell City of Heroes and City of Villains to NCsoft?

When we considered the future of CoH/CoV and the future of Cryptic Studios, we had a difficult decision to make. We've invested a lot of time, effort, talent and passion into the games, and we care about them. But we've got a lot of other ideas we're excited about too.

I am sure we'll see some really awesome things from Cryptic down the line!