Sega's Australian studio is reportedly set to shut down sometime later this year. It most recently worked on the London 2012 tie-in game, but was best known for its work on Medieval 2: Total War.
Sega confirmed the closure to Kotaku, simply saying it will be shut down "later this year." It then told Eurogamer that the company is under consultation and can't comment on details of the closure.
The studio was formerly known as Creative Assembly Australia, during its work on the Total War series. The main office of The Creative Assembly is located in the United Kingdom, and responsible for the more recent Total War: Shogun 2 and upcoming Total War: Rome 2.