HttpControllerFactory was deleted in ASP.NET MVC 4 RC. Actually, it was replaced by two interfaces: IHtttpControllerActivator and IHttpControllerSelector.
Unfortunately DefaultHttpControllerSelector still doesn't support Areas by default. To support it you have to write your HttpControllerSelector from scratch. To be honest, I will derive my selector from DefaultHttpControllerSelector.
In this post I will show you how you can do it.