Oh, they did. Or rather, someone else did, which was the real cause of the suckage of that game - The people behind SC1&2 didn't make SC3. Same thing that happened to the EoB series... it's a sad way to end it.
[Edit] On the topic of Star Control, anyone who loved SC2 as much as I did should check out The Ur-Quan Masters
. It's an open-source, cross-platform, and in my experience very stable version of SC2, identical in every way to the original except it runs on modern operating systems. In short, it rocks. Hasn't left my hard drive since I found out about it