In the fall of 2000, Swedish electronic entertainment company Vision Park acquired the studio.

The company was unable to obtain funding to create future titles, so they finally decided to shut down the studio.

Innerloop was widely known for its graphics technology, first on display in the flight simulator JSF - Joint Strike Fighter, and its most popular games series 'I.G.I'.

The sports game Sega Extreme Sports for Sega Dreamcast, Innerloop chose to develop exclusively for the PC platform, since their graphics technology would not work on consoles without considerable compromises to performance.

[2] Co-founder Henning Rokling was the company's managing director until the studio shut down its operations in 2003.