THQ Nordic Acquires Saints Row, Dead Island and Metro's Owner Koch Media GmbH
If yous're a gamer, then the name THQ will stand up out as legendary. The studio has its name behind some of the all-time gaming titles to date, including the likes of Warhammer, Darksiders, and the old WWE: Smackdown vs. Raw series (earlier 2K took over the WWE series). At present, the studio is all set to take ownership of some of the biggest gaming franchises besides.
As appear by THQ'south official blog post, the THQ Nordic has entered into an agreement to acquire Koch Media GmbH, including, inter alia, the games developer and publisher Deep Silver with AAA-intellectual property rights such as Saints Row, Expressionless Island and exclusive license for Metro. With this acquisition, they also now own the partner publishing side of the Koch business organisation and their pic concern in the German and Italian territories.
According to the agreement,THQ Nordic has acquired 100% of Koch Media for 121 one thousand thousand Euros. With the acquisition of Koch, THQ Nordic will at present have 36 development studios, 10 internal and 26 external with 11 coming over from Koch. They volition besides now control 109 dissimilar IPs, 91 already with THQ Nordic and a further xiv moving over with the acquisition.
Deep Argent has had to go through some rough patches lately, since Agents of Mayhem, the Saints-Row spinoff did non do besides well, and a couple of high-profile video game flops sparking layoffs. The new conquering promises to proceed the current staff with the thought to bring new games in the coming years. The blog post also states that THQ Nordic has no plans to restructure Deep Silver and Koch Media will go on to operate equally a separate entity within the THQ Nordic group. It also said it plans to soldier on with Deep Silver's current slate of in-evolution games. THQ Nordic boss Lars Wingefors said it reckons Deep Argent will release at to the lowest degree four ongoing triple-A projects, including Metro Exodus, the next game from Volition (a new Saints Row) and the adjacent triple-A game from Dambuster.
"Following less successful launches in recent years with substantial write-offs in the business concern area (primarily Agents of Mayhem and Homefront), Koch Media has made significant organizational changes in its management, internal steering, and control, technology, too every bit its choice procedure for development of IPs," – THQ Nordic
THQ is slowly growing strong in the gaming business. With titles such as Darksiders 3 and Biomutant still to come up, their latest acquisition certainly goes on to boost their portfolio with some well-known games that will strike a chord with the fans.
Considering THQ's development history, I for one am actually excited to see what this acquisition holds for the future of some of my favorite games, ie, Saints Row and Metro. Simply what about you? What's your take on THQ's latest acquisition? Allow us know in the comments down below.
Source: https://beebom.com/thq-nordic-acquires-saints-row-dead-island-and-metros-owner-koch-media-gmbh/
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