THQ Nordic acquires Saints Row, Metro publisher for €121 million

THQ Nordic acquires Saints Row, Metro publisher for €121 million

The deal is for the entirety of Koch's business, which includes the video game publisher Deep Silver.

According to an announcement by THQ Nordic (via Gematsu), the publishers now own Deep Silver, and all the series they publish, including Saints Row, Metro, and Dead Island. This deal also means that THQ Nordic will take hold of the exclusive publishing rights to the Metro series from 4A Games, just in time for Metro Exodus later this year.

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"Koch Media has a long history of profitability despite losses incurred from some less successful game releases", said the company's CEO Lars Wingefors. 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. Koch Media will continue to operate as a separate entity under THQ Nordic once the transaction is complete, with no restructuring expected to occur. Dead Island 2 has been consistently pushed back, Agents of Mayhem didn't end up selling well and Homefront: The Revolution didn't fare too well either. "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. "Our philosophy behind continuing to expand upon the THQ Nordic brand starts with fun games - that's what attracted us to the THQ catalog". As such, the highly anticipated game, Metro: Exodus, will be now published by THQ Nordic. The already announced Metro: Exodus and Shenmue 3 are due in 2018, and there are also unannounced AAA productions by Volition and Dambuster Studios now in the works. They are also the company that purchased franchises such as Metro, Homefront and Saints Row following the original THQ's bankruptcy.

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