THQ Nordic Buys Deep Silver and Koch Media for €121 Million

Saints Row, Dead Island and Metro publisher Koch Media acquired by THQ Nordic

THQ Nordic has snapped up Koch Media in a 121 million euro deal that sees the Darksiders owner get its paws on a number of mega-hit franchises.

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).

Deep Silver is also a publishing partner for many games, including the recently released Kingdom Come Deliverance, and some upcoming projects like Bloodstained: Ritual of the Night, and Shenmue 3 - all of which it will continue to publish.

According to a press statement from THQ Nordic, the industry giant has no plans to restructure Deep Silver at this point, which hopefully means no jobs are at risk.

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.

THQ Nordic has purchased Koch Media.

Explaining the reasons behind the deal CEO of THQ Nordic, Lars Wingefors, wrote "Koch Media has a long history of profitability despite losses incurred from some less successful game releases". It also picks up Deep Silver's exclusive rights to the Metro games, which are developed by 4A. That name doesn't mean a lot to the gaming public, but the name Deep Silver should. Any projects now under development at Deep Silver will remain, which hopefully means Dead Island 2 is still on the way despite its long, troubled development.

Metro, Saints Row, and Dead Island, all three are now owned by THQ Nordic. "In addition to having long experience within games development and publishing, THQ Nordic has the skills, willingness and capital to deliver growth in the future.", says Dr. Klemens Kundratitz, CEO Koch Media.

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