One of Northern Ireland's highest-profile gaming companies has announced it is winding down its operations.

Founded in 2018 in Londonderry, Hypixel Studios first project was to be the block-based fantasy game Hytale.

The Derry company was acquired in 2020 by Riot Games, one of the world's biggest game publishers.

In a statement, Hypixel co-founder Aaron Donaghey said the company is ending Hytale's development and the winding down of Hypixel Studios is under way.

"This is not the outcome any of us - at Hypixel or at Riot – wanted," Mr Donaghey said.