Just before the stroke of midnight on the day of lovers, the rapidly expanding publisher has announced the acquisition of Koch Media. Deep Silver owns three development studios: Deep Silver Volition in the US, Deep Silver Fishlabs in Germany, and Deep Silver Dambuster Studios in the UK.
It's an interesting development, seeing as how the original incarnation of THQ went under over five years ago resulting in a sale of its various properties, with Deep Silver purchasing Saints Row, Metro, and Homefront (the latter from Crytek).
THQ Nordic and Koch Media will continue to exist and operate as separate entities, with no restructuring planned. Volition, and Dambuster are both working on unannounced, AAA games, the company said.
"Following less successful launches in recent years with substantial write-offs in the business area (primarily Agents of Mayhem and Homefront), Koch Media has made significant organisational changes in its management, internal steering and control, technology, as well as its selection process for development of IPs", THQ Nordic continued. With this acquisition, they also now own the partner publishing side of the Koch business and their film business in the German and Italian territories.
KitGuru Says: Deep Silver has had a rough time recently.
TechRaptor will continue to follow this breaking story as it develops. Bringing signature franchises like Saints Row back into the fold seems like a winning move.
The purchase was announced through an official press release from THQ Nordic.
Fancy some freedom? Check out the best sandbox games on PC. Would any other company be putting out de Blob and Sphinx and the Cursed Mummy on current consoles?
The toy headquarters is quickly becoming a big name once again in our industry, and here's hoping that they can be an example of another road for those who think that games as a service is the only way forward in the AAA space.
- Credit Suisse reports third straight annual loss after U.S. tax writedowns
- American Emily Sweeney Crashes in Olympics Luge Run, Taken to Hospital
- BMW X4 SUV-coupe revealed, India-bound
- Instagram-Like Stories Coming to Google
- Obama's portrait artist painted black women decapitating white women
- Google is good at building phones but bad at selling them
- Eating slowly may encourage weight loss in type 2 diabetes with obesity
- Sky maintains position as main broadcaster of live Premier League football
- PGA golfer and Hollywood actor involved in fatal crash in California
- You Can Now Mine Cryptocurrency While Reading the News