THQ Nordic acquires Deep Silver, meaning Saints Row is back at THQ
THQ Nordic acquires Deep Silver, meaning Saints Row is back at THQ
THQ Nordic buys Saints Row owner Koch Media
14 February, 2018, 21:33
Koch Media CEO Dr. Klemens Kundratitz will remain with the company and receive THQ Nordic shares as part of the acquisition. Some of the properties such as de Blob and Darksiders went to relatively unknown publisher Nordic Games.
In a press release, THQ Nordic explained that it has no plans now to restructure Deep Silver, which likely means that various studio jobs are safe.
THQ Nordic has acquired Koch Media, the parent company of Deep Silver, who owns the rights to Metro, Dead Island, and Saints Row. "Our philosophy behind continuing to expand upon the THQ Nordic brand starts with fun games - that's what attracted us to the THQ catalog". The fall of THQ was a heartbreaker for many gamers, but after only a few short years, the company has officially been reunited with the games it had to say goodbye to. It's also of note that THQ Nordic CEO Lars Wingefors stated that Deep Silver is set to release at least four "AAA" games in the future including a new Saints Row title.
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Another interesting tidbit from the official press release is that THQ Nordic mentions that Saints Row and Agents of Mayhem developer Volition, acquired by Deep Silver in 2013, is now working on an unannounced AAA game.
Beyond Deep Silver, the purchase includes multiple development studios, including Saints Row creators Volition, Homefront developers Dambuster Studios and Galaxy on Fire makers Fishlabs.
In addition to Deep Silver's publishing contracts, THQ Nordic will also acquire their internal studios. For instance, this acquisition means that original Red Faction developer Volition could potentially return to the franchise now that the studio and rights to that series are under the same umbrella once more. With only the trademark to their name and two aging franchises, THQ Nordic would need to re-acquire these assets in order to restore the name to its former glory.
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