Founded as Ascon by Holger Flöttmann in 1991 and later renamed in October 1996 due to the possible confusion with the Swiss company Ascom AG,[1] the company produced titles primarily for the PC until it became insolvent in 2009.
It had a development studio in Aachen and an international office in Birmingham in the United Kingdom.
The company distributed games from other European publishers, such as Nobilis (entreprise) [fr] and Focus Home Interactive.
In April 2009, the company was unable to pay its debts and went into administration, citing the extended development time of Sacred 2: Fallen Angel as the reason.
[2] The company continued trading in the hope that a solution could be found but was ultimately dissolved in July 2009, with Kalypso Media purchasing many of the licenses and assets from Ascaron Entertainment, with the notable exception of the licence for Sacred, which was acquired by Deep Silver (Germany).