Cyber Front is particularly important for western game publishers because the company localized and published some very prominent Western titles in Japan, including Telltale Games' The Walking Dead and Valve's Portal franchise. Most recently, it brought Skullgirls to the PlayStation Network in Japan.
According to the statement translated by Gamasutra, Cyber Front undertook management changes in March of this year. The management changes happened at around the same time that the company was bought by electronics firm Kaga Electronics. Kaga had originally purchased 51 percent of Cyber Front's stock in 2010.
But according to the statement from Cyber Front, it had a lot trouble rebuilding its development, localization, production, publishing, and distribution business following the buyout. At a board meeting held yesterday, company executives made the decision to dissolve the company.